current state of mortgage lending

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Current State of Mortgage Lending Current mortgage operations are very labor intensive! Increased Volume = More Staff and Risk • Lack of automated workflow and decisioning technology requires well trained staff to process each step. •Too many disparate systems that do not integrate well together creates additional manual steps and more risk. Current technology only supports manual review of PDF images by highly qualified underwriters to underwrite a loan. • Underwriting takes several hours to decision one loan.

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Page 1: Current State of Mortgage Lending

Current State of Mortgage LendingCurrent mortgage operations are very labor intensive!

Increased Volume = More Staff and Risk

• Lack of automated workflow and decisioning technology requires well trained staff to process each step.•Too many disparate systems that do not integrate well together creates additional manual steps and more risk.• Current technology only supports manual review of PDF images by highly qualified underwriters to underwrite a loan.• Underwriting takes several hours to decision one loan.•Expensive to scale

Page 2: Current State of Mortgage Lending

iMP - Future of Mortgage Intelligent Mortgage Platform automates expensive and risky manual processes!

Increased Volume More Staff and Risk

Built-in Intelligence allows for the system to do most of the manual work that encompasses so much of the time spent to close a loan.

Standardizes the underwriting process and reduces risk of re-purchase.

Highly scalable with less staff.

Drives loan quality and the delivery of an eMortgage

Page 3: Current State of Mortgage Lending