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Home » Store » Inside Mortgage Trends » Mortgage Trends

Mortgage Trends

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Inside Mortgage Trends

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A survey finds that more lenders are mulling a change to their loan origination system. The percentage of mortgage lenders considering changing their current loan origination system (LOS) in the next 12 months has increased to 18.7 percent in 2012 from 17.75 percent last year, according to QuestSoft, a provider of lender compliance software. According to QuestSoft’s latest survey of 461 lenders nationwide, nearly one in five mortgage lenders is seeking new LOS, which is the highest percentage looking to switch in the six years QuestSoft has been conducting the annual survey. Since the survey...
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