lender productivity – PROGRESS in Lending

STRATMOR Report: Data Points To Disconnect Between Tech Spend And Lender Productivity

October 26, 2021 PROGRESS In Lending lender productivity, STRATMOR Group, technology spending

In its October Insights Report, mortgage advisory firm STRATMOR Group reveals data that shows why lenders have found it nearly impossible to achieve suitable returns on their technology investments. In “Mortgage Psych 101 — FOMO (The Fear of Missing Out),” STRATMOR Group Principal Tom Finnegan discusses the correlation between technology investment and lender productivity in response to a common question posed to STRATMOR: “Are we missing out on the latest technologies?” which is usually asked in terms of some aspect of automation or digital mortgage.