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Home » Store » News » Beware of Promises Made by Mortgage Disruptors? Or Is Failing Just Part of the Innovation Process?

Beware of Promises Made by Mortgage Disruptors? Or Is Failing Just Part of the Innovation Process?

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Sindeo, a mortgage technology-centric company billed as a “disruptor” in some quarters of the industry, closed its doors earlier this month, spurring new talk that making headway via innovative software isn’t so easy – especially in a challenging origination market. As one veteran mortgage consultant put it: “There are no Amazons in this industry,” a reference to the online giant that has profited by causing a wave of destruction in the traditional retail space, including clothing stores and book outlets. Regarding Sindeo’s collapse, Jordan Brown, CEO of MarketWise Advisors, added...
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