Can FinTech Bring Down Surging Mortgage Servicing Costs?
GoRion, July 26, 2017–Sam Bourgi
The mortgage lending industry is facing one its toughest market environments in years. Amid the apparent slowdown in origination volumes, excessive regulation has triggered a sharp rise in mortgage servicing costs. Once again, lenders are looking for revolutions in FinTech to tackle new cost burdens.