The Mortgage Technology Industry Today: 3 Themes in the Top Service Provider Ranking
They say change is constant, but for mortgage lenders, that might be the understatement of the decade. Recent years have brought the highest of high and the lowest of lows. Now, every completed mortgage brings a competitive advantage to its lender and increases the lender’s chances for survival. Lenders rely on proven and cost-effective technology to assist them in getting that competitive advantage. Since the market has started to bounce back, the corresponding trade media, like Mortgage Technology, have acknowledged that more now than ever, lenders need technology – but with no room for error, they also need help identifying what characteristics to look for in any product they pursue. Being in the industry for quite some time now, I often look to the “top 50” list that Mortgage Technology magazine puts together annually, called the Top Service Provider list.
