Automation & Technology
Cover Your Bases: Staying Compliant in the Digital Mortgage Era
As the home mortgage industry moves to process automation and digital engagement with consumers, compliance must stay front and center. Similarly, as you work to send the right messages to the right consumers, your communications must comply with current standards and regulations.
With more and more lenders engaging borrowers online, the risk increases for potential Unfair, Deceptive or Abusive Acts or Practices (UDAAP) violations, both intentional and unintentional. However, by using a mortgage management solution that serves as a single system of record for the entire loan lifecycle, you can take a systematic approach to consumer application data and minimize this risk.
So how can this help you deliver a robust digital mortgage experience to your customers? We provide a comprehensive digital mortgage overview, including up-to-date borrower research data, in a new eBook, entitled The True Digital Mortgage – An All-in-One Solution for a Changing Industry. We’d like to share this exclusive resource with you.
Use this free eBook to gain insights about:
- Defining the true digital mortgage
- Borrower preferences across multiple touchpoints
- Insights on automation, machine learning and compliance