AI & Lending

Key Use Cases of Distributed Ledger Technology in Real Estate

We’ve often heard blockchain will change every aspect of our lives—and it’s honestly not far from the truth—especially if we view it from a transactional or processing perspective. 

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Analogy Between Mortgage Life Cycle Using Blockchain and Supply Chain Management

Like every other trendy technology, it can be quite challenging to get your head around blockchain and how it applies in the mortgage space. That’s especially true if you’re not tech-savvy or you’ve conditioned yourself to the conventional centralized system for most of your time. 

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Technology is the answer for mortgage lenders during and after the COVID-19 crisis.

The FinTech industry is growing incredibly, and even the largest financial institutions have started employing automation in relevant cases. However, before the Covid-19 crisis, mortgage providers were ‘apparently’ not so inclined to pursue digitization. 

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Will lenders turn to technology providers after the COVID-19 crisis?

A recent report on CNBC found that mortgage rates are at record low levels, with some U.S. lenders offering an APR of 2.75% to 2.875% to their top customers. In fact, lower mortgage rates are helping a quicker recovery in the homebuyer market.

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