Digital mortgage: Driving profitability and competitiveness among lenders
Banks have realised the importance of maintaining low cost of mortgage processing and improving customer experience by differentiating their services from those that of the competitors. Digital mortgage is what is helping them in achieving this goal. In this POV, we cover the benefits of digital mortgaging, its impact on financial institutions, the current challenges faced in implementing digital mortgage processes, and the technologies evolving around it.
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