Over the past five years, many major bank and nonbank lenders have invested in either proprietary or third-party technologies across various parts of the value chain to help with a number of processes. The expansive list of steps that have been addressed include front-end platform modernization, workflow management, document extraction and management, income and asset verification, employment verification, title verification, appraisal management, e-closings, automated compliance, and decisioning. These software solutions are designed to speed up the mortgage-application process, lower costs for the lender, and improve the overall customer experience.
CES 2010 exhibitor and party list
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