Docutech Insights

Time to Change Your LOS? Maybe, it’s Time to Change Your Mortgage Doc Technology Too

Posted by Harry Gardner on Jul 21, 2016 9:00:00 AM

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Experienced mortgage origination executives will tell you that lenders tend to change their loan origination systems (LOSs) about every five years. There are many reasons for this, but the most common is that the firm’s top lending executives switch companies and want to manage their operations in ways that made them successful in the past. They tend to bring their LOSs with them into their new institutions. Increasingly, when a lender changes its LOS, we also see them taking steps to change out their mortgage document technology as well.

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Topics: LOS Integration