technology

Snapdocs Founder Talks About The Value Of Digital Closings

Posted on by TMN Editor
By KIMBERLEY HAAS The founder and CEO of the digital closing platform Snapdocs says adopting a technology strategy that reduces costs can help mortgage lenders now and as the market bounces back. Aaron King recently sat down with The Mortgage Note to talk about the value of digital closings. He said Snapdocs, headquartered in San Francisco, is a national company founded in 2012 on the observation that these closings require all of the parties involved in a real estate transaction to connect seamlessly. “While the technologies existed, there was too much fragmentation between parties and the transactions themselves were too dynamic to apply these technologies until you worked on connecting all the parties. The vision of Snapdocs is we build…

Finding A Mortgage On Your Phone? FinTech Companies Catering To Those Customers

Posted on by TMN Editor
By KIMBERLEY HAAS The typical American spends between five and six hours a day on their mobile phone so mortgage companies are developing new technologies to help them meet customers where they are. Brett Bivenour, Chief Technology Officer at Nationwide Mortgage Bankers in Melville, New York, explained during an interview with The Mortgage Note last week that for too long, the process seemed arduous for the average person. Even prior to the pandemic, consumer expectations about what they could do online had shifted because of what was happening outside his industry, he said. “As more and more aspects of people’s everyday lives were happening online, that certainly influenced their expectations of what it looks like to get a mortgage in…