Digital Labor's Impact On The Mortgage Industry

Artificial intelligence.

A new LoanLogics technical brief takes a deep dive into the digital labor shift that has occurred within the nation, and more importantly, within the mortgage industry.

A new LoanLogics technical brief takes a deep dive into the digital labor shift that has occurred within the nation, and more importantly, within the mortgage industry. The brief explains that automated and virtual ways of doing business will enable lenders to speed up the loan origination process, control staff costs and maintain compliance.

"Understanding where processes can be changed or eliminated goes a long way in realizing the full value of technology and is crucial to its return on investment," according to the report. "Mapping this out ahead of time can help to establish organizational trust and acceptance of automation as a key component of success. Where human work can be repurposed into higher-value tasks can also increase job satisfaction."

Click here to learn more about digital labor's impact on the mortgage industry.

This article originally appeared in the National Mortgage Professional print magazine.

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Written by 
Navi Persaud
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Digital Labor's Impact On The Mortgage Industry
Technology

Digital Labor's Impact On The Mortgage Industry

June 25, 2020
by
Navi Persaud

A new LoanLogics technical brief takes a deep dive into the digital labor shift that has occurred within the nation, and more importantly, within the mortgage industry. The brief explains that automated and virtual ways of doing business will enable lenders to speed up the loan origination process, control staff costs and maintain compliance.

"Understanding where processes can be changed or eliminated goes a long way in realizing the full value of technology and is crucial to its return on investment," according to the report. "Mapping this out ahead of time can help to establish organizational trust and acceptance of automation as a key component of success. Where human work can be repurposed into higher-value tasks can also increase job satisfaction."

Click here to learn more about digital labor's impact on the mortgage industry.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com

These articles are powered by National Mortgage Professional

Digital Labor's Impact On The Mortgage Industry
June 25, 2020 12:19 PM
by
Navi Persaud
Technology

A new LoanLogics technical brief takes a deep dive into the digital labor shift that has occurred within the nation, and more importantly, within the mortgage industry. The brief explains that automated and virtual ways of doing business will enable lenders to speed up the loan origination process, control staff costs and maintain compliance.

"Understanding where processes can be changed or eliminated goes a long way in realizing the full value of technology and is crucial to its return on investment," according to the report. "Mapping this out ahead of time can help to establish organizational trust and acceptance of automation as a key component of success. Where human work can be repurposed into higher-value tasks can also increase job satisfaction."

Click here to learn more about digital labor's impact on the mortgage industry.

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