To say that 2020 has been hectic for lenders would be an understatement. The convergence of stimulus packages, a fickle yet robust housing market, and financial uncertainty forced lenders to rally....

The Main Street Lending Program: A Digital Transformation Stress Test For Lenders
by DRS Imaging Services | Sep 21, 2020 | Digital Transformation, mortgage lending

The Role of AI and RPA in Loan & Mortgage Processing
by DRS Imaging Services | Aug 26, 2020 | Artificial Intelligence, Digital Transformation, rpa, mortgage lending
For most lenders, mortgages represent the most significant liquid asset in their lending repertoire. Conventional mortgages and jumbo mortgages both fair well on the secondary mortgage....

Lenders Digitize to Keep Up With Post-crisis Mortgage Demand
by DRS Imaging Services | Aug 25, 2020 | Digital Transformation, mortgage lending
Lenders have been dealing with a swarm of confusion and volatility over the past few months. In April, mortgage applications dropped by 17.9%. Historic unemployment, stock market turmoil, and fear....

How Digital Transformation Improves the Mortgage Lending Process
by DRS Imaging Services | Jun 17, 2020 | Digital Transformation, mortgage lending
According to a Forbes Insight survey, 82% of lending and banking executives believe that digitization is completely transforming the mortgage lending process. Digitization improves the customer....