How mortgage technology trends transforming consumer lending
Mortgage lending is the practice of providing funds to an individual or business in order to purchase or refinance real estate. The borrower pledges the real estate as collateral for the loan and agrees to repay the loan, usually over a period of time, with interest. Mortgages are a popular form of financing for homeowners who are looking to buy a home or refinance their existing mortgage. It is the practice of providing funds to an individual or business in order to purchase or refinance real estate.