PERSON OF THE WEEK: During the past 20 years or more, mortgage lenders have put a strong focus on adopting technologies that automate the origination process and enable a seamless borrower experience. Although it was recognized throughout the industry that most borrowers would need human assistance in the mortgage process, lenders nonetheless were compelled to deliver an all-digital, paperless mortgage process to augment their more traditional sales channels. For many lenders, the timeline for
Going to Extremes
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies