PERSON OF THE WEEK: Industry observers will tell you that mortgage lenders typically turn away from an existing Loan Origination System (LOS) in favor of a new one every 5 years or so. The traditional process of selecting this software has been long, expensive, tedious and likely to drive lenders back to the same old software. There must be a better way.
Keith Kemph, CEO of BlackFin Group, an industry consultancy, says that the