Technology Can Play a Big Role in Restoring Liquidity

As pure-play mortgage lenders continue to scramble to get warehouse lines, technologists say automation can help. Rob Katz, president at LOS Del Mar Database, contends, "The entity giving a warehouse line has to be confident that their partners are doing sound lending. How do you prove that if you don't have technology in place? Because there are so few sources for lines and they're restrictive, being able to demonstrate that you have the technology to move a loan through the pipeline quickly and efficiently is an advantage.