Adopting a digital origination process can help lenders win market share, according to analysts at Strategic Mortgage Finance Group. Michael Grad, a senior partner at Stratmor, stressed that it takes more than upgrading a loan origination system to see results. “As an industry, we’ve approached digital originations by allowing technology to drive business instead of setting business strategy that drives our technology choices,” he said in a recent analysis. “Our industry needs to ...
Rates were up across all default categories in the fourth quarter of 2024.
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