HousingWire: Indecomm’s GeniusWorks Targets Middle-office Costs
Featured in HousingWire
Indecomm Global Services, a New Jersey-based mortgage automation and services provider, aims to court more lenders through its new automation-enabled origination solution, GeniusWorks, which is intended to cut the cost of middle-office origination functions: set-up, processing, and underwriting.
“Our models predict that lenders will achieve a meaningful 30% reduction in cost-per-loan at the middle office and a 50% reduction in the number of lender touches per loan,” according to a statement from Narayan Bharadwaj, Indecomm’s senior vice president of automation…