BMO Harris Saves 12 Minutes Per Loan Origination With LoanComplete
Looking to automate comparison and validation for new loan onboarding, BMO Harris implemented LoanCompleteTM from Fiserv and got away from manual, "stare and compare" processing. The result is a streamlined servicing onboarding process and the ability to onboard more higher-quality loans in less time.
John Crandall, director of loan servicing and loan administration for BMO Harris Bank, explains how LoanComplete met the bank's needs for an automated workflow tool for exception reporting that saved them 10 to 12 minutes in front-end loan origination time.
Watch the video to see how BMO Harris did it.
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