FinTech Magazine May 2024 | Page 125

manual processes and paperwork while improving efficiency and accuracy .
Other technologies brokers are leveraging include document signing software , process automation tools and document collection tools – all of which are helping brokers drive efficiencies while remaining competitive .
Mortgage brokers : Meeting modern consumer needs Of course , while technologies support combatting market volatility for mortgage brokers , their use is vital in meeting consumer demands , because , as market conditions shift , so too do consumer expectations .
“ At times when interest rates are rising to touch 15-year highs , the pressure is on mortgage brokers to find the best deal for clients without putting them under extreme financial pressure or at risk of losing a home ,” Brown says .
“ By investing in innovative technologies , you can build a far clearer picture of each client ’ s financial situation
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