Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, and tech and marketing pros. Check out this monthly blog for the latest job postings along with some industry insight.
Technology innovation in the mortgage industry continues to grow at a break-neck pace. Every day, companies are developing new solutions to replace timely manual processes as the completely digital mortgage comes closer and closer to fruition.
In the past, small-sized lenders didn’t have access to the same technology as larger lenders. Fortunately, as more fintech companies enter the space, we are seeing technology adoption rates rise across all lending institutions, despite size.
Recently, HousingWire and Maxwell conducted a joint survey that revealed that 14% of lenders that do not have an online mortgage application. Similarly, PricewaterhouseCoopers released a Global Fintech Summary stating that 82% of incumbents expect to increase fintech partnerships in the next three to five years.
Looking ahead, LP Information predicts that Loan Origination Software (LOS) will reach $3,450 million, in terms of revenue, in 2023, compared to $1,980 million in 2017.
All of this to say, the market is ripe for fintech companies. For those with a lending background, and a passion for innovation and automation, this sector is calling your name.
If you’re interested in a fintech and lending career, check out our latest opening at Associated Software Consultants, Inc. This position is located in Cleveland, Ohio and perfect for someone looking to work in a small-company high-tech environment. As the Loan Processing Specialist, you will work with ASC’s software, PowerLender, to customize specific needs of lender users.
Apply here and stay up to date on the latest open jobs at jobs.housingwire.com.
