Posted To: MND NewsWireAs profit margins have continued to shrink, mortgage lenders have been seeking to utilize technology to reduce their production expenses which involve in part transmitting large volumes of data among several interconnected parties such as consumers, investors, service provider, and others. In an article in the Fannie Mae Perspectives blog the company’s Vice President for Digital Products, Prabhakar Bhogaraju, writes that “Businesses are increasingly leveraging digital technologies to reduce errors and costs, transact faster, and drive a richer and better customer experience.

Over the past few years, technological advancements such as artificial intelligence, APIs, and document digitization have gained traction, enabling digital transformation.” Fannie Mae’s Q1 2019 Mortgage Lender Sentiment…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Article From: "Jann Swanson"   Read full article

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McDevitt Law Group

Massachusetts Real Estate Attorneys
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McDevitt Law Group strives to provide the highest quality real estate law and estate planning services, and we have for almost 40 years. As a small law firm, we pride ourselves on providing personal attention to your case and providing the highest quality representation. Call us today, or use the contact form below.


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617-282-7550

617-282-7550

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