Description

Summary

In this episode of FinTech Fridays, Brian Vieaux interviews Amit Ghole, the founder and CEO of Inflooens. They discuss how Inflooens fits into the lender's tech stack, the challenges of implementing new technology, and the importance of relationship-based experiences in the mortgage industry.

Amit shares how Inflooens aims to reduce tech spend by consolidating systems and providing a unified infrastructure. They also explore the role of loan officers and the potential for AI to enhance their advisory capabilities.

Overall, Inflooens offers a comprehensive solution that addresses the inefficiencies and lack of transparency in the mortgage origination process.

Takeaways

• Inflooens aims to provide a unified infrastructure and consolidate systems in the lender's tech stack.
• The mortgage industry has been slow to adopt new technology and consolidate systems, leading to inefficiencies and high costs.
• Change management is a challenge when implementing new technology, but transparency and trust are key to overcoming resistance.
• Relationship-based experiences and advisory capabilities are becoming increasingly important in the mortgage industry.

Chapters

00:00 Introduction and Background

03:33 Inflooens in the Lender's Tech Stack

06:27 Replacing Legacy Systems

09:32 Reducing Tech Spend

11:57 Challenges in Implementing Influence

15:25 Overcoming Change Management

18:29 Forward-Leaning Mortgage Companies

20:37 Creating a Relationship-Based Experience

23:12 Transforming the Role of Loan Officers

24:05 Conclusion