Data Automation is the New Battleground in the Mortgage Industry
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Automating data ingestion drives operational resilience, reduces costs and delivers new revenue streams
The global pandemic has taught us that structuring unstructured documents and images at high-volume, and exposing these to analytics and downstream processing, is today's priority. As mortgage providers tap into the data currently trapped in applications, contracts and valuations, a new lucrative future beckons. Indeed, digitization has emerged as the game-changer for the mortgage industry’s main problems: speed, accuracy and insight.
The starting point for any digital improvement, however, is data.
This report reviews the challenges faced by the mortgage and loan originating industry, highlights opportunities, presents new solutions, and provides a roadmap for those seeking to differentiate themselves by dominating their markets in the 2020s.
