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Home » Store » News » Blockchain Seen as a Profit Booster, Eventually

Blockchain Seen as a Profit Booster, Eventually

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Use of blockchain technology could help increase profits for lenders and servicers in fewer than 10 years, according to Andrew Weiss, a principal at Strategic Mortgage Finance Group. Weiss was an architect of Fannie Mae’s Desktop Underwriter in the 1990s and likened the current skepticism about blockchain to lenders’ lack of faith in automated underwriting before such systems became ubiquitous. “How can any technology replace the years of training and experience ...
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