How the fintech boom transformed the mortgage journey over the last 20 years (Hamza Behzad)
News Source : Finextra
News Summary
- Technology is reshaping the entire homebuying experience and the mortgage market is finally starting to keep up with other consumer finance sectors.
- Technology, once a nice-to-have, is now driving resilience, innovation, and growth across the sector.
- In Q1 2025, UK mortgage lending volumes reached £77.6 billion, up 50.4% compared to the same period the previous year.
- For CTOs, this raises the bar: mortgage platforms must deliver the same level of speed, simplicity and transparency to remain competitive.
Since the pandemic, the mortgage industry has stood at a pivotal moment where transformation meets opportunity. Technology, once a nicetohave, is now driving resilience, innovation, and growth acro [+6227 chars]
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