Rising interest rates have seen lending firms take a significant hit to their business as fewer potential consumers are coming forward to request offers with intent to purchase a home. Another challenge for financial institutions is to maintain compliance standards as regulators are applying pressure to all sectors of lending. Once skeptical over accommodating computational systems to handle their most intricate operational process, mortgage companies are now seeing the value of deploying these services to remain steadfast in a highly competitive industry. Much has changed over the years in the consumer home loan sector in terms of their lending practices, and utilization of digital technology has slowly begun to bring about a much needed overall metamorphosis for firms within this industry realm. On edge to invest and bring these computational programs to banking work floors, it is essential for senior executive members to fully understand the methods by which it will make an impact. Consulting service providers is the key to solving this problem as they come forward to aid the transformation that will see lenders save time and money going forward. Through this special edition of Banking CIO Outlook, we wish to present our readers with a list of the top mortgage technology consulting companies that help find the best systems infrastructure and solutions to implement at mortgage companies. Besides the list that has been derived by our editorial team along with CEOs, CIOs, and CFOs, the magazine contains articles on the best practices to follow while making choices on technology deployment in the financial capital loan industry.Let us know your thoughts!Copyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Contact Us:phone:510.402.1463Fax:510-894-8405Email:sales@bankingciooutlook.comeditor@bankingciooutlook.commarketing@bankingciooutlook.com JULY - 15 - 2019, Volume 05 - 06 (ISSN 2644-2418) Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesT:510.402.1464Nick Masonnick.mason@bankingciooutlook.comVisualizerJohn GothamIssac GeorgeManaging EditorJames RobertsonStrengthening Mortgage Services DigitallyJames RobertsonManaging Editor editor@bankingciooutlook.comCarolynn WaltersJustin SmithJoseph MichaelEditorialKenneth ThomasRussell ThomasVishnu Keloth*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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