Mortgage Providers Need Intelligent Automation To Speed Up Loans Processes
Mortgage lenders conduct business in an environment affected by seasonality, fluctuating interest rates, regulatory and compliance changes, and evolving consumer expectations. And now, the industry is faced with the ramifications of COVID-19.
Let's consider what happened recently when mortgage interest rates dropped 15 points to 3.56% in March. Applications skyrocketed the following week by 55.4%.
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