Chrisman Commentary: October 24 Daily Commentary

Chrisman Commentary: October 24 Daily Commentary

Did you hear about The BIG Point of Sale’s new integration with Gateless’ Smart Underwrite® technology? Check out this Chrisman Commentary to learn more about how this partnership with streamline workflows and improve efficiencies. Check out the full newsletter today!

Mortgage Automation Technologies (MAT), a leading innovator in fintech software and hardware, and the company behind The BIG Point of Sale platform, proudly announces a strategic integration with Gateless, the leader of intelligent automation for mortgage lending. This integration brings the power of Gateless’ Smart Underwrite® technology into The BIG Point of Sale ecosystem, enabling mortgage companies to quickly notify loan officers and their clients of required underwriting conditions, the results of any underwriting review, and ultimately loan approvals via mobile devices. This accelerates decision-making and improves accuracy across their lending platform. Within the Smart Underwrite® solution, loan information including credit, income, and asset source data and/or documentation undergoes meticulous analysis, automating key facets of the underwriting process, while ensuring compliance with investor guidelines. The results: a new benchmark for operational efficiency and cost to originate a loan, higher quality loans with reduced risk of repurchase, and an unparalleled borrower experience.

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