Mortgage executives are aware of a problem: despite billions of dollars in technology investments, the mortgage industry still largely looks like it did two decades ago. After all, it still takes 43 days, on average, to close a loan. 

“Realistically, it’s still basically the same industry,” Brian Woodring, chief information officer at Rocket Mortgage, said on Tuesday during the Mortgage Bankers Association’s Technology Solutions Conference & Expo in Las Vegas. 

He added: “We have a tremendous amount of proprietary technology being built. We have organizations [working] to details ⇒

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