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Home » Store » News » Vendors Tout Smart Settlement Services

Vendors Tout Smart Settlement Services

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Vendors are promoting new platforms that they claim can make the settlement process more efficient, allowing lenders to close more loans more quickly. The new Internet-based tools address what some lenders say are the most stubborn costs in the mortgage process, costs associated with processing and closing loans. While lenders have largely been successful in using technology to underwrite loans faster, back-end processes have remained a source of potential bottlenecks, slowing overall turnaround time…
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