{"id":2745,"date":"2019-04-24T19:42:42","date_gmt":"2019-04-24T19:42:42","guid":{"rendered":"https:\/\/preprod.housingwire.com\/knowledge\/?p=2745"},"modified":"2019-11-06T14:35:51","modified_gmt":"2019-11-06T14:35:51","slug":"underwriter-3-0-the-automation-you-need-to-increase-underwriter-productivity-and-lower-risk","status":"publish","type":"post","link":"https:\/\/preprod.housingwire.com\/knowledge\/underwriter-3-0-the-automation-you-need-to-increase-underwriter-productivity-and-lower-risk\/","title":{"rendered":"Underwriter 3.0: The Automation You Need to Increase Underwriter Productivity and Lower Risk"},"content":{"rendered":"<p>Over the last decade, tightening regulations have increased the number of documents in the mortgage process, leading to the efficiency of a mortgage underwriter plummeting. Underwriter productivity has decreased from an average of 193 applications per underwriter per month in 2002, to only 27 per month in 2017 (Stratmor Group). That is just over one underwrite per work day, and companies in mortgage have carried the cost of that efficiency decrease. <\/p>\n<p>Instead of being able to focus on the more complex side of the origination process, underwriters are being bogged down in manual data entry and the \u201cstare and compare\u201d of documents. They now spend up to 80% of their time checking data, and only 20% of their time on risk assessment. <\/p>\n<p>However, technology can now change all that. <\/p>\n<p>See how Capsilon Digital Underwriter, a new mortgage solution developed in collaboration with Home Point Financial, can increase underwriting capacity and minimize risk, with automation tools that calculate income, analyze credit, and assess eligibility based on business rules. Learn how the Capsilon Digital Underwriter platform empowers underwriters to make rapid, informed loan eligibility decisions, by minimizing or removing the redundant manual work, allowing them to not only underwrite more loans, but do so more effectively. <\/p>\n<p><strong> NOTE:<\/strong>\u00a0This is replay of a previously recorded HousingWire Webinar.<\/p>\n<p><strong>Cost:<\/strong>\u00a0$0.00<\/p>\n<p><strong>Publisher:<\/strong>\u00a0HousingWire<\/p>\n<p><strong>Original Webinar Date:<\/strong>\u00a0April 24, 2019<\/p>\n<p>Watch an on-demand replay:<br \/>\n<!--[if lte IE 8]>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2-legacy.js\"><\/script>\n<![endif]--><br \/>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n\tportalId: \"4509319\",\n\tformId: \"554e078f-796b-4a80-915b-c199c1272612\"\n});\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the last decade, tightening regulations have increased the number of documents in the mortgage process, leading to the efficiency of a mortgage underwriter plummeting. Underwriter productivity has decreased from an average of 193 applications per underwriter per month in 2002, to only 27 per month in 2017 (Stratmor Group). That is just over one [&hellip;]<\/p>\n","protected":false},"author":684,"featured_media":2388,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[65],"coauthors":[78],"class_list":["post-2745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lending","tag-webinar"],"acf":[],"jetpack_featured_media_url":"https:\/\/preprod.housingwire.com\/knowledge\/wp-content\/uploads\/sites\/2\/2017\/05\/Fiserve-Square-500x500.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/users\/684"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/comments?post=2745"}],"version-history":[{"count":1,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2745\/revisions"}],"predecessor-version":[{"id":2836,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2745\/revisions\/2836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media\/2388"}],"wp:attachment":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media?parent=2745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/categories?post=2745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/tags?post=2745"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/coauthors?post=2745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}