NMP - April 2017 - 38

Technology Trends

38

APRIL 2017 n National Mortgage Professional Magazine n

NationalMortgageProfessional.com

By Andy W. Harris, CRMS

he year 2017
appears to be the
year for technology
breakthroughs in
mortgage
origination. With
the "Know Before You Owe"
changes and investment in
compliance technology behind
us (or many still catching up), emortgages and e-closings are
now in our near future. Many
lenders have also invested very
large sums of money to ensure
consumer and industry
professional demands are met,
especially when integrating with
Fannie Mae's recent "Day 1
Certainty" introduction to
streamline income and asset
verification.
The trends are clear. Most
consumers, especially the
Millennial generation, now
demand speed and ease with
every stage of the mortgage
and homebuying process from
application to closing. The more
lenders that adapt and provide
a better process through
technology, the more the
consumer will expect it from
everyone. For the lenders that
are not closely monitoring their

T

competition and meeting these
demands, they might just be
left in the dust. The year 2017
is not the year to ignore trends
and all must embrace change
and adapt to the changing
market.
I believe the trends to
streamline the process through
technology will of course
continue beyond 2017. This
year is getting quite competitive
in all areas with the slight
increase to rates. Future
mergers and acquisitions may
be inevitable as demands rise
for those that cannot meet them
alone by lack of resources or
financial investment required.
The lenders with the vision to
see ahead and for those that
have invested to stay ahead of
these changes, these are the
companies that are thriving.
Whether you're a small
business or a large business,
you must invest in improving
the process the consumers or
business partners you work
with.
So what are you seeing in
technological advancements?
What are you excited about in
the future? I'm personally

excited about being an
independent and watching the
investment wholesale lenders
and other software vendors are
making. Having the best
partners to offer this technology
to my clients is very exciting to
say the least. Change is part of
our industry and vital we
embrace it and find the best
systems for our clients through
trial. The future looks bright for
mortgage origination and
continue to build value in your

services that should never be
replaced by a robot!
Are you an originator? Send
your stories! To have topics
considered in future editions,
please e-mail me with
"OrigiNation" in the Subject Line
at AHarris@VantageMortgageGroup.com. These can be
confidential or your name and
company can be referenced if
you wish. You can also join the
Facebook Group by searching
for "OrigiNation."

Andy W. Harris, CRMS is president and owner of Lake
Oswego, Ore.-based Vantage Mortgage Group Inc. and past
president of the Oregon Association of Mortgage
Professionals. He may be reached by phone at (877) 4960431, e-mail AHarris@VantageMortgageGroup.com or visit
VantageMortgageGroup.com.


http://www.VantageMortgageGroup.com

Table of Contents for the Digital Edition of NMP - April 2017

Contents
NMP - April 2017 - Cover1
NMP - April 2017 - Cover2
NMP - April 2017 - 1
NMP - April 2017 - Contents
NMP - April 2017 - 3
NMP - April 2017 - 4
NMP - April 2017 - 5
NMP - April 2017 - 6
NMP - April 2017 - 7
NMP - April 2017 - 8
NMP - April 2017 - 9
NMP - April 2017 - 10
NMP - April 2017 - 11
NMP - April 2017 - 12
NMP - April 2017 - 13
NMP - April 2017 - 14
NMP - April 2017 - 15
NMP - April 2017 - 16
NMP - April 2017 - 17
NMP - April 2017 - 18
NMP - April 2017 - 19
NMP - April 2017 - 20
NMP - April 2017 - 21
NMP - April 2017 - 22
NMP - April 2017 - 23
NMP - April 2017 - 24
NMP - April 2017 - 25
NMP - April 2017 - 26
NMP - April 2017 - 27
NMP - April 2017 - 28
NMP - April 2017 - 29
NMP - April 2017 - 30
NMP - April 2017 - 31
NMP - April 2017 - 32
NMP - April 2017 - 33
NMP - April 2017 - 34
NMP - April 2017 - 35
NMP - April 2017 - 36
NMP - April 2017 - 37
NMP - April 2017 - 38
NMP - April 2017 - 39
NMP - April 2017 - 40
NMP - April 2017 - 41
NMP - April 2017 - 42
NMP - April 2017 - 43
NMP - April 2017 - 44
NMP - April 2017 - 45
NMP - April 2017 - 46
NMP - April 2017 - 47
NMP - April 2017 - 48
NMP - April 2017 - 49
NMP - April 2017 - 50
NMP - April 2017 - 51
NMP - April 2017 - 52
NMP - April 2017 - 53
NMP - April 2017 - 54
NMP - April 2017 - 55
NMP - April 2017 - 56
NMP - April 2017 - 57
NMP - April 2017 - 58
NMP - April 2017 - 59
NMP - April 2017 - 60
NMP - April 2017 - 61
NMP - April 2017 - 62
NMP - April 2017 - 63
NMP - April 2017 - 64
NMP - April 2017 - 65
NMP - April 2017 - 66
NMP - April 2017 - 67
NMP - April 2017 - 68
NMP - April 2017 - 69
NMP - April 2017 - 70
NMP - April 2017 - 71
NMP - April 2017 - 72
NMP - April 2017 - 73
NMP - April 2017 - 74
NMP - April 2017 - 75
NMP - April 2017 - 76
NMP - April 2017 - 77
NMP - April 2017 - 78
NMP - April 2017 - 79
NMP - April 2017 - 80
NMP - April 2017 - 81
NMP - April 2017 - 82
NMP - April 2017 - 83
NMP - April 2017 - 84
NMP - April 2017 - 85
NMP - April 2017 - 86
NMP - April 2017 - 87
NMP - April 2017 - 88
NMP - April 2017 - 89
NMP - April 2017 - 90
NMP - April 2017 - 91
NMP - April 2017 - 92
NMP - April 2017 - 93
NMP - April 2017 - 94
NMP - April 2017 - 95
NMP - April 2017 - 96
NMP - April 2017 - 97
NMP - April 2017 - 98
NMP - April 2017 - 99
NMP - April 2017 - 100
NMP - April 2017 - 101
NMP - April 2017 - 102
NMP - April 2017 - 103
NMP - April 2017 - 104
NMP - April 2017 - Cover3
NMP - April 2017 - Cover4
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201912
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201911
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201910
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201909
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201908
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201907
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201906
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201905
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201904
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201903
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201902
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201901
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201812
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201811
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201810
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201809
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201808
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201807
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201806
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201805
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201804
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201803
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201802
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201801
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201712
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201711
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201710
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201709
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201708
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201707
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201706
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201705
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201704
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201703
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201702
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201701
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201612
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201611
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201610
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201609
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201608
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201607
http://www.nxtbook.com/nxtbooks/nmpmedia/nmp_201604
http://www.nxtbookMEDIA.com