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By Accurate Group: Innovation Beyond Digitization: Best Practices For Modernizing Real Estate Lending
Traditional lenders are definitely thinking about technology innovation – with the goals of delivering better consumer service, enabling greater efficiencies and modernizing lending processes. At the recent CBA Live conference, 87 percent of the 94 home equity decision-makers in the innovation forum said they were either already investing in new technology or planned to in the near future.
But for the lending industry as a whole, the issue goes beyond a technology fix or pushing the loan process online. It’s about looking at lending with fresh eyes to seek innovations that will transform both the way consumers get loans and the way lenders process loans.
In this whitepaper, we’ll spotlight three key areas lenders can tap as part of their innovation strategy: Strategic Modernization, Data Security and Borrower Experience.