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Wall Street ready to close deals as mortgages go digital (Forbes)

Getting a mortgage is often a hassle for borrowers as well as loan officers who are buried in redundant paperwork. Entrepreneurs, many of whom suffered through the process of getting mortgages themselves, are helping tackle the problem…

…At a high level, the mortgage tech space can be categorized according to functionality. Among loan origination systems used by loan officers in the back office, the main providers include Ellie Mae, Black Knight and Fiserv; in point-of-sale solutions for interacting with consumers, notable companies include Blend, Roostify, SimpleNexus, Cloudvirga, FormFree, and Finicity; in electronic closing, the space has seen emerging companies such as Notarize and NotaryCam.

This is an excerpt. Read the full story in Forbes.

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