Premier Member White Paper Profile: Snapdocs Examines the ROI of Digital Closings
MBA regularly highlights new white papers from its Premier Members. Today, we look at Snapdocs’ recently released The ROI of Digital Closings white paper.
MBA NewsLink: Briefly describe the key insights or findings presented in your white paper.
Snapdocs: Falcon Capital Advisors recently conducted a cost-savings analysis of digital closings using data from 25-plus mortgage lenders and secondary market participants. This report outlines how to calculate the financial impact of eClosing—and the key factors that influence ROI.
Inside the report you’ll find:
1) Aggregate savings-per-loan driven by operational and secondary market efficiencies,
2) The eight categories that individually influence cost savings, and
3) Pricing gains on the secondary market (due to faster loan delivery to investors).
MBA NewsLink: What industry challenges or opportunities does your white paper address?
Snapdocs: Snapdocs engaged Falcon Capital Advisors to conduct this study to address a critical gap in the industry’s understanding of the tangible value eClosing technology offers lenders. While digital closings are widely acknowledged as an innovative step, few studies quantify the specific financial advantages for lenders.
This research is a powerful tool for lenders to make informed decisions about technology investments that drive real business improvement.
MBA NewsLink: Who is the primary audience for your white paper? (e.g., lenders, servicers, other industry professionals)
Snapdocs:
Primary: Lenders
Secondary: Secondary market participants
MBA NewsLink: What actions would you like readers to take after engaging with your white paper?
Snapdocs: Meet with a member of our team to receive a tailored portfolio evaluation and learn how Snapdocs can improve efficiency across the loan lifecycle.
MBA Premier Members: If you would like your new white paper profiled, reach out to MBA’s Alicia Goncalves, CMB.
To see other MBA member white papers, click here.
