The mortgage industry is a wild, changing place for a CTO. Fintech has become the new hot button, and lenders are rushing to deliver the “Ultimate Banking Experience”. At the same time, digital security is at its most perilous time in its history. Failing to be up to date on new threats and preventative measures could mean certain disaster for a lender’s business and its customers.
So in the midst of implementing an online loan approval platform, a mobile origination application, and keeping the latest malware from learning all your customer’s social security numbers, marketing wants you to build an application that generates real-time rates and pricing into their latest digital marketing collateral!
The uninformed person would assume this a simple task, but as you begin to map out the workflow and required workflow, you realize that doing this project is going to require a lot of time, capital & resources.
Here are just some of the processes that this is going to require: