LendingQB Releases White Paper on Mortgage Technology – NMP Skip to main content

LendingQB Releases White Paper on Mortgage Technology

May 31, 2012

LendingQB has announced that it has published a free White Paper designed for lenders that are considering replacing their loan origination system (LOS). The Paper addresses the challenges lenders face when evaluating mortgage technologies and outlines a strategy to assess their existing technology weaknesses, identifying areas for improvement. Entitled “The Five Steps to Making Better Technology Decisions,” the White Paper recommends conducting an Enterprise Process Assessment (EPA) of lending operations and workflows. According to the Paper, all too often, lenders buy technology predominantly based on features, failing to perform a critical deep dive analysis of their workflow to effectively model and measure process enhancements using standards and best practices. "The Five Steps to Making Better Technology Decisions" stresses that before buying technology, lenders must establish an objective, well-defined, comprehensive process in order to overcome the many challenges associated with complex technology evaluations. Executing an EPA provides a clear understanding of and roadmap for how to select technology that reduces cost per loan, improves profitability, maximizes employee productivity and decrease the number of manual touch points throughout the workflow. Key points in the White Paper: ►Overview of the mortgage technology challenges lenders face in today’s market; ►Determining the technology lenders really need, avoiding what they don’t need; ►How to arrive at an evaluation readiness checklist; ►Identifying vaporware and avoiding feature buying traps; ►Using metrics to achieve a high ROI; ►The importance of a seamless workflow; ►How to reduce cost per loan and increase profitability.
About the author
Published
May 31, 2012
More from
Tech
ALTA Opens Title Standards to AI for First Time

Land title association's agreement with Orbital gives AI access to official forms and survey standards

Nov 12, 2026
Younger Borrowers Want More Personal Guidance Despite Digital Gains

Nearly half say their lender representative should have been more involved, while fewer borrowers overall receive same-day answers, JD Power finds

Nov 10, 2026
When AI Takes Action: New Federal Framework Raises Questions

New federal banking guidance examines the risks of autonomous AI, from borrower communications to servicing transactions, with a focus on human oversight and accountability

New Integration Aims to Cut Construction Loan Draw Delays

Sitewire and Nexys connect loan origination with budget reviews and inspections, aiming to speed draw approvals and improve oversight for private lenders

Nov 10, 2026
New AI-Run Mortgage Startup Builds Database Of 224,000 LOs

LenDb.ai is making LO records available to AI assistants, offering a potential new way for borrowers to find originators

Nov 05, 2026
Gateway Taps ICE For Servicing Overhaul After $2.4B MSR Sale

The lender is consolidating servicing operations on ICE's MSP platform after disclosing regulatory capital constraints that have limited its ability to retain MSRs

Nov 05, 2026