We’re excited to be at Experience this week, Ellie Mae’s leading technology conference for the residential mortgage industry. We’ve been meeting with many of the thousands of lenders and mortgage professionals that have come to San Francisco to find the newest technological innovations. The consistent theme seems to be how the industry as a whole can get more efficient.
One of the chief areas of improvement lenders continue to express interest in is fee collaboration. Specifically, how lenders and title companies can easily balance their Closing Disclosures faster and ultimately speed up the entire origination process. Since launching Qualia several years ago, we’ve heard from countless title and lending professionals how painful the fee disclosure and disbursement process has historically been. Downloading and emailing fee information and then balancing and matching hundreds of fees often unnecessarily eats into hours of time coordinating between the mortgage lender and the title company. This continues to predictably cause stress over potential rekeying mistakes and pulls employees away from high value customer service related activities.
If you happen to be at Experience, however, we recommend you come by our booth #306. We are previewing a solution we’re going to add to the Qualia/Encompass two-way integration we launched last year. Based on early feedback, it’s going to be an absolute game-changer.
In two weeks, Qualia co-founder and CTO Joel Gottsegen will be taking the feature live and demo it at the annual MBA Tech Conference in Dallas, TX. If you can’t meet us at one of these conferences, request a call from your local Qualia representative and we can provide more details.