Draper & Kramer Mortgage Corp. Automates the Mundane with Candor LES
Candor • January 24, 2023
In recent years, several tech-focused organizations have emerged within the mortgage industry hoping to capture lightning in a bottle and transform the lending lifecycle. Many have tried and failed in their pursuit of innovation. Now, Candor Technology, Inc. has finally cracked the code. Continue reading to learn how Draper & Kramer Mortgage Corp. have changed the way they do business for the better with the help of new technology from the minds at Candor.
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When we talk at Candor about the potential benefits to lenders of employing a machine-based approach to loan underwriting, people often assume that the agenda is to eliminate people. In fact, the people engaged in loan underwriting are often among the most valuable and capable individuals in the enterprise, one reason why they are often redeployed into risk management and distressed servicing roles when volumes fall and defaults rise.
