#2391: How to Reduce Friction in Today's Mortgage Processing Arena...

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Watch the 7:42 clip above and/or check out the entire episode below the show notes.

With housing continuing to hit its stride amidst the pandemic, many credit unions are looking to enhance their mortgage processing procedures to up their game in this area. Rock-bottom interest rates, high demand, and a low inventory are making today's housing market very profitable for consumers looking to purchase or sell homes -- and credit unions want to be well-positioned to provide home loans to members keen on taking advantage of these unique times.

One of the vital steps in this process is reducing friction in the mortgage processing area. Credit unions, like anybody, want this process to be as seamless as possible to make the mortgage lending experience a quicker and less stressful one. If so, everybody benefits.

To help accomplish this goal, we invited elphi Co-founder/COO Daniel Gottesmann and Advisor Debbie Matz -- former NCUA Chair -- on the show. elphi is technology provider that offers a mortgage loan origination platform to help forward-thinking lenders like credit unions make the origination process much faster. It uses real-time database architecture to enhance workflows, ensure compliance, create collaboration, and much more.

We talked with Debbie and Daniel about this unique technology, as well as how the company got its start, how Debbie got involved and what her role is, what pain points does elphi's technology remedy, how DCU Fintech Innovation Center helped launch the company, and much, much more.

Check it out when you get a chance let us know your thoughts. And watch the entire interview with Debbie and Daniel below for all the details.