LendingQB has announced that it will be holding two educational Webinars that address how lenders should develop an analytical approach to identify hidden problems in their lending processes and technology weaknesses, helping them make informed decisions on which technologies will have the biggest impact on profitability. The Webinars largely focus on how to perform an analysis of a lender’s operations, workflows and existing technologies to arrive at a strategy that will reduce cost per loan, maximize employee productivity, remove manual touch points, eliminate unnecessary applications, increase profitability and optimize enterprise-wide performance.
LendingQB will introduce its Enterprise Process Assessment (EPA), which is a complementary holistic, in-depth review and discovery process of a lender's specific lending workflow. The EPA dissects every step of the loan life cycle from the moment an originator engages with a borrower to when the loan is sold on the secondary market. A comprehensive report is then provided to lenders on how to achieve their technology goals.
“We constantly see lenders challenged to make intelligent, strategic technology decisions that are business-critical to both their short and long-term growth and profitability,” said Binh Dang, president of LendingQB. “The Webinars we put together are all about helping lenders fully understand the real impact of how technology can positively or negatively impact their bottom line using established metrics. Attendees have a solid starting point to initiate this type of evaluation process.”
Webinar topics will include:
►An overview of the mortgage technology challenges lenders face in today’s market;
►Using metrics to achieve a high ROI;
►The importance of a seamless workflow;
►How to reduce cost per loan and increase profitability;
►Identifying vaporware and avoiding feature-based buying traps;
►Technology buying pitfalls to look out for.
The two sessions will be offered Wednesday, Sept. 12 with Session 1: Optimizing Your Mortgage Lending Workflow starting at 1:30 p.m. EDT (click here to register for Session 1) and Session 2 starts at 4:30 p.m. EDT (click here to register for Session 2).