The Wall Street Journal
BCG’s Micah Jindal discusses the adoption of new digital systems US Mortgage Industry Moves into Digital Sphere within the US mortgage industry in an article by The Wall Street Journal. Jindal explains that although the industry has doubted whether consumers would accept an online mortgage approval process, “all of the major players” now offer these services. Whether lenders have developed their own proprietary platform, or a customized software provided by vendors, their customers are experiencing significant reductions in closing times.