The logjam that has kept lenders from investing in new technology may be breaking up. That’s the word we’re getting from some around the industry, including John McCrea at MortgageFlex. A long-time player in the space, the company released a companion mortgage loan servicing platform to its well-known LOS and it’s been getting the company a lot of attention. Now, McCrea says that interest is converting into action. “We’ve been developing in this space for a long time, and we’ve never seen such a flurry of new customer contract signings,” he said. News from the Fed that rates will fall this year may have something to do with it, but McCrea says his new customers are seeing the advantages and cost savings that come out of a common tech stack for both loan origination and servicing. See the platform for yourself by scheduling a demo, 1-860-460-7418.
The logjam that has kept lenders from investing in new technology may be breaking up
