Applicants Taking Action After Taking Notes

Fest, Glen
May 2006
Bank Technology News;May2006, Vol. 19 Issue 5, p22
Trade Publication
The article focuses on a survey of online mortgage trends conducted by Synergistics. According to the survey "Innovations in Mortgage Lending," 15 percent of those polled in 1, 000 house hunters had already applied online for their mortgage. Further, according to Synergistics CEO William McCracken, the poll also found out that 26 percent of shoppers seeking loans above $500, 000 submits their application online, after a thorough review and search of competing rates over the Web.


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