AI is creeping into every industry imaginable, from oil and gas to fintech, and the mortgage industry is no exception.
There’s suddenly an arms race in the mortgage broker tech space. In the last week, we’ve seen no less than three key developments that could change how brokers manage their businesses.
For much of the mortgage industry’s history, brokers required a mountain of paperwork from prospective clients to ensure they’d actually be approved by a willing lender.
Mortgage brokers will soon have a new pipeline through which to send deals to many of the country’s top lending institutions.
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