The mortgage industry is slow to adapt. We’ve been relying on the same outdated processes and systems for years.
The mortgage industry continues to grow as more and more Canadians are looking to purchase homes. But despite this rapid growth, the mortgage industry is still lagging and is slow to adopt new technologies like automated underwriting software.
Recent shifts in banking trends and innovations have redefined the landscape for the financial sector, and no new development has been more impactful than that of the neobank.