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10 Inspiring Quotes from Leading Mortgage Experts

Digital innovation and adoption are revolutionizing almost every aspect of the mortgage process. Technology is changing how mortgage professionals think, how they communicate, and how they conduct business - if it hasn't already.

Here are 10 inspiring quotes from leading mortgage experts who are driving the industry forward.


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Maria Fregosi“True automation can’t just be an IT project. All business leaders need to buy in.”

-- Maria N. Fregosi, Chief Capital Markets Officer, Home Point Financial Corporation

 

 

Chris George"We need process innovation, we need systems innovation, but most of all, we need people innovation, because it’s the diversity of people that brings diversity of ideas."

-- Christopher M. George, 2018 MBA Chairman-Elect, Founder, President and CEO, CMG Financial

 

Anthony Hsieh"No one [technology] company or two companies can make a dent overnight. It takes courageous leadership with a commitment to investment over a long period of time, and you just chip away at it."

-- Anthony Hsieh, Founder and Chief Executive Officer, loanDepot.com LLC

 

Donald Layton"The answer is digital, digital, digital. We’re undergoing a revolution. You’re not going to recognize the financial services in 10 years."

-- Donald Layton, Chief Executive Officer, Freddie Mac





Dominick Marchetti“[Consumers] believe that they need to be treated in a way that is transparent and mobile. We really need to solve for that, and I don’t believe we solve for that using robots to automate something that’s been done for 20, 30, 40 years.”

-- Dominick Marchetti, Chief Technology Officer, loanDepot.com LLC

 

Tim Mayopoulos"In the last 10 years, what we’ve seen is that the affordability of housing - whether that’s housing people own or housing people rent - has declined significantly. This is the real crisis of housing."

-- Timothy J. Mayopoulos, Chief Executive Officer, Fannie Mae

 

Bill Packer"I think the myth of the 8-day close is definitely doable. It’s doable with today’s technology. It just takes the focus and dedication to get there.”

-- Bill Packer, Executive Vice President and CIO, Chief Operating Officer, American Financial Resources, Inc.



Jenn Parker"Online notarization is bringing a long, costly process into the 21st century. Customer experience is more important to our industry than ever before, and online notarization gives borrowers the flexibility and freedom they've come to expect in other facets of their lives."

-- Jennifer Parker, General Manager of Digital Mortgage, Notarize


John Schleck"People are very comfortable doing what they’re comfortable with right up until they’re not. Some people do the whole [mortgage process online]. Some people only answering a couple questions and that’s all they feel comfortable with.”

-- John Schleck, Centralized and Online Consumer Lending, Bank of America

 

Joe Tyrrell"Lenders of all sizes can leverage data, but it starts with the ability to understand what data you actually have. A lot of smaller lenders don’t realize they have a pretty robust amount of data."

-- Joseph Tyrrell, Executive Vice President, Corporate Strategy, Ellie Mae, Inc.

 

notarize for borrowers

You have notarization questions, we have notarization answers. While we at Notarize pride ourselves on providing helpful resources (like this blog!) to demystify notarization, we’re not lawyers and don’t give legal advice. Pro tip: always check with your own attorneys, advisors, or document recipients if you have further questions about notarization or digitally notarized docs.

Just In: 10 Predictions for the Future of Home Buying

Half of all homebuyers today use technology to research and purchase the home of their dreams. That’s why companies like Redfin expect digital closings to become more common in the near future.

As the home buying process moves online, there are plenty of questions about what’s next for the mortgage industry.

Read more

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