Speed it up.
Mortgage processing can be a long and tedious undertaking for both borrowers and lenders.
From the lender’s point of view, it is a tedious process that requires a dedicated staff of trained underwriters backed by a complex support system. But despite the difficulties inherent in such a convoluted process, lenders cannot cut corners because of stringent regulatory and compliance requirements.
From the borrower's point of view, long processing times lead to dissatification, which inevitably leads to doubts about the quality of service they are receiving.