Transforming your physical-to-digital mortgage process

Challenge 

US mortgage originators continue to experience reduced loan volumes and less revenue due to high interest rates and intense competition. McKinsey & Company reported that the mortgage landscape changed over the past five years as customers continue to embrace digital channels and as retail banks lose market share to nonbanks.₁ These dynamics, along with an intensifying regulatory environment, an emerging hybrid workforce, and pressure to reduce operational costs, are leading companies to outsource their physical footprint and find automated solutions to streamline and digitize processes.

Managed services solution

Accelerate outsourcing of a cost-effective and automated digital mortgage process

Remain compliant and maintain collateral security with Iron Mountain Digital Mortgage solution. Made up of expertly trained teams, digital mortgage accelerator processes, and an intelligent software-as-a-service (Saas) technology platform called Iron Mountain InSight Digital Experience Platform (DXP), this bundled offering gives you the opportunity to:

• Reduce and scale opex costs in line with revenue streams
• Improve loan quality and delivery timelines to investors
• Unlock valuable knowledge from your data for new revenue-generating activity
• Maintain investor and regulatory compliance by driving quality