But seriously, how close are we to a fully digital mortgage?
The Home Stretch of a 30-Year Digital Mortgage Journey.
Twenty-four years ago, Fannie Mae introduced the industry’s first automated underwriting system. Desktop Underwriter® (DU®) enhanced the human-led process with digital underwriting tools. But for years data on paper was still keyed into AUSs. Now consumers can move fast by direct-connecting their data, LOs can advise instead of chase paper, lenders can validate property and receive relief from representations and warrants. But the ideal digital-local mortgage experience still needs work.
Don't miss this session where Fannie Mae, Blend and The Basis Point run down the final pieces of the puzzle. Will it be 30 years by the time it's all done? Not quite. Your customers' perfect digital-local experience may be closer than you think.
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