Salient Process Helps Mortgage Company Automate Their Loan Origination Process with IBM Cloud Pak for Business Automation

Salient Process Helps Mortgage Company Automate Their Loan Origination Process with IBM Cloud Pak for Business Automation

The Mortgage Company, aspiring to be a leader in mortgage servicing, faced challenges in their refinance loan origination process. Delays in processing refis hindered their ability to capitalize on the 2020 interest reduction market opportunity. They aimed to reduce refi processing time, improve loan re-assignment procedures, and gain better visibility into the refi loan process. These issues led to frustrations for their operations team, resulting in delayed loan closures and high costs per loan.

 

Download our case study to learn how the Mortgage Company partnered with Salient Process to overcome their challenges. Discover how they achieved a remarkable 30% increase in loan processing capacity, a 55% reduction in time required for loan closures, and an impressive 60% reduction in the cost of loan processing. Gain valuable insights into their successful journey and find out how your company can benefit from similar strategies. Click here to download our case study now!