9-10-18 eClosings/eMortgages Move Closer Towards Mainstream Adoption

In this episode of Lykken on Lending, the discussion will focus on eClosings and eMortgages as we're continuing on with one of the Hottest Topics in the mortgage industry right now: Digital Mortgages.

Brian Boike has over 18 years’ experience in bringing mortgage banking technologies to market. Before joining Simplifile, he served in leadership roles in operations and continuous improvement at Michigan-based United Shore Financial Services, whose portfolio of brands includes United Wholesale Mortgage and Shore Mortgage. Prior to that, Brian was the product manager of a loan origination system at FIS and also held management roles in application development and process improvement for Flagstar Bank.

Brian is a former chair of the Mortgage Bankers Association (MBA) Residential Mortgage Technology (ResTech) Forum and Mortgage Industry Standards Maintenance Organization (MISMO) Residential Mortgage Governance Committee.

Topics to be covered in this interview include:

The industry has been talking about eClosings/eMortgages for over a decade now. Are we really at a point that we are going to start to see more mainstream adoption?There seemed to be a lot on interest back in 2008-2010. Why did things stall?In a recent report the Treasury Department endorsed eNotes. How will this help adoption?Other than what the Treasury noted in their report, are there adoption issues that need to be addressed?There's a lot about momentum starting to build, but what is the real benefit to the industry?Do lenders and consumers have to wait until all the adoptions issues have been addressed or can they get some benefit now?

In this episode of Lykken on Lending, the discussion will focus on eClosings and eMortgages as we're continuing on with one of the Hottest Topics in the mortgage industry right now: Digital Mortgages.

Brian Boike has over 18 years’ experience in bringing mortgage banking technologies to market. Before joining Simplifile, he served in leadership roles in operations and continuous improvement at Michigan-based United Shore Financial Services, whose portfolio of brands includes United Wholesale Mortgage and Shore Mortgage. Prior to that, Brian was the product manager of a loan origination system at FIS and also held management roles in application development and process improvement for Flagstar Bank.

Brian is a former chair of the Mortgage Bankers Association (MBA) Residential Mortgage Technology (ResTech) Forum and Mortgage Industry Standards Maintenance Organization (MISMO) Residential Mortgage Governance Committee.

Topics to be covered in this interview include:

The industry has been talking about eClosings/eMortgages for over a decade now. Are we really at a point that we are going to start to see more mainstream adoption?There seemed to be a lot on interest back in 2008-2010. Why did things stall?In a recent report the Treasury Department endorsed eNotes. How will this help adoption?Other than what the Treasury noted in their report, are there adoption issues that need to be addressed?There's a lot about momentum starting to build, but what is the real benefit to the industry?Do lenders and consumers have to wait until all the adoptions issues have been addressed or can they get some benefit now?