Fintech Hunting Episode #148 with the amazing Praveen Chandramohan, Executive - Digital Mortgage Underwriting Solutions at CoreLogic

We have a fantastic guest for you today.  He is a technology evangelist and digital underwriting guru.  Please help me welcome to the show  Praveen Chandramohan, Executive - Digital Mortgage Underwriting Solutions at CoreLogic ·  Tell us a little bit about yourself professionally. What do you do for CoreLogic? ·  You are involved in the mortgage space and lead the company’s Borrower, and Loan Solutions segment, which is full of business practices that some may say are not keeping pace with technology. Do you feel like this is the case, or is the industry effectively integrating technology, and how have processes changed over the past few years as a result? · There is ample opportunity to expand the mortgage industry’s use of technology. Where do you think the most significant areas for growth are? o  Why do you think this shift toward integrating tech solutions into mortgage processes is accelerating? ·  Naturally, when a home loan is originated, it is not just the lenders that can benefit from speed and efficiency within the process. There are also those who are purchasing the properties. One of the big kinks in the lending process is borrower verification, so can you talk a little bit about how important automating this process can be for both parties – especially in a market where home prices have increased steadily for over a decade, home supply has been extremely tight, and buyers to qualify for loans saddled with high-interest rates? o  What does a more efficient borrower verification process mean for lenders? ·  As the housing market begins to level out following the frenzy of the last couple of years, finding buyers for homes is becoming increasingly challenging. Are there ways technology can help target buyers so lenders can get into the process early and ensure business? ·  How else is CoreLogic supporting the growth and change of technology use within the industry? and much more.