Expert: Digital mortgages could lead to higher paying positions

The path to a fully digital mortgage

July 17, 2019   |   Article

HousingWire sat down with ARMCO executive Volpe to talk about the housing industry’s end goal for the digital mortgage.

“Automation inherently reduces reliance on humans so naturally, one outcome can be contraction within certain segments of the lending labor force,” said Nick Volpe, chief strategy officer of ARMCO, a HousingWire 2019 Tech100 winner. “While this may be a potential downside, it also creates the opportunity to re-allocate staff members to areas that are harder and more expensive to staff.”

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