Boston, September 24, 2019 –After watching the success of an online mortgage platform, U.S. mortgage lenders have begun to look for ways to implement a digital mortgage experience that is more seamless and enjoyable for borrowers, and more efficient and cost-effective for lenders. While some lenders have developed their own solutions, others are using point-of-sale solutions provided by vendors, many of which are relatively new entrants into the mortgage lending market.
This report provides an overview of POS solutions that are starting to transform the mortgage loan origination process into a more digital, efficient, and customer-centric journey. Aite Group conducted in-depth interviews with 13 U.S. mortgage loan origination POS platform providers from January to August 2019.
This 34-page Impact Report contains 18 figures and five tables. Clients of Aite Group’s Retail Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Bank of America, BeSmartee, Blend, Caliber Home Loans, CloudVirga, EllieMae, Fairway Independent Mortgage, Finastra, Flagstar Bank, Floify, JPMorgan Chase Bank, loanDepot.com, Maxwell, MortgageHippo, Quicken Loans, Roostify, Salesforce, SimpleNexus, Streamloan, Tavant Velox, United Shore Financial Service, US Bank, Wells Fargo Bank, and Wipro Gallagher Solutions.