Treasury Urges Mortgage Sector to Embrace Digital Tech
National Mortgage News, Aug. 6. 2018–Hannah Long (subscription)
“My sense right now is that the industry is really at a tipping point in terms of adoption of digital mortgage or e-mortgage technologies,” said Michael Fratantoni, chief economist for the Mortgage Bankers Association. “The technology is there, the industry desire is there, but there are some regulatory hurdles and the Treasury report identified some of them.”