July 31, 2010 | Updated 11:26am
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Gaining Traction

Local Banks Realizing Benefits Of Online Mortgage Originations

Local Lenders No Longer Content To Cede Web Business To Brokers


By Laura Schreier


Commercial Record Staff Writer


02/26/10

Offering a full mortgage application process online has long been the crux of many national mortgage lenders’ businesses. But for community banks and credit unions – advocates of the “personal touch” in banking – the idea has gotten a lukewarm response over the years.


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