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Volume 22 - Number 2

January 19, 2018

Mortgage Industry Sees Promise in Blockchain

Distributed ledger technology known as blockchain has the potential to transform back-end functions in mortgage origination, servicing and secondary marketing, according to industry participants. Blockchain has gained some prominence as virtual currencies such as bitcoin are reliant on the technology. Tim Willis, head of the governance and controls practice at RiskSpan, an analytics firm, said reporting of servicing data to investors hasn’t changed much in the past two decades ...

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