U.S. banks push mortgage apps as home lending slows

[McFurd]

Reuters - 4/20/2018 - Elizabeth Dilts - Big U.S. banks are racing to launch websites and mobile apps to make getting a mortgage faster and easier, investments that may have modest near-term payoffs as home lending activity slows. Lenders have been spending on digital tools to cut costs, eliminate error-prone paperwork and appeal to younger home buyers. However, they are chasing a shrinking pool of refinancing business and new home loan volumes are still below pre-crisis levels. Read more @ https://www.reuters.com/article/us-usa- ... SKBN1HR2X8