More loans, not more effort.That's the power of automation.
Today, lenders are facing a variety of challenges, from evolving borrower expectations, to market competition, to constrained IT resources. HPA's RPA-as-a-Service enables lenders to harness the power of automation to accelerate and transform the loan cycle without shifting focus away from borrowers and competing business priorities. HPA automates over 50% of origination tasks to accelerate the loan cycle, reduce the need for manual intervention, and eliminate costly errors and rework. Our mortgage automation Center of Excellence is powered by over 30 years of mortgage industry experience to guide your automation strategy and build a scalable automation initiative that delivers on your operations and savings goals.
HPA automates origination and servicing tasks across the systems you use every day, such as Encompass® by ICE Mortgage Technology™, Black Knight's Empower® and MSP® , Mortgage Cadence, Finastra, Optimal Blue®, LoanSphere®, LendingQB®, CoreLogic®, Fiserv® and point-of-sale solutions like Blend and SimpleNexus.
Learn how we do it
More loans, less effort
Manual intervention wastes time, money, and exposes loans to human error. Robots move more loans with speed and precision, at an optimal cost per loan.
Powerful robots, empowered people
Burdensome processes like loan setup, disclosures, COC, initial review, lock desk, MIPs, MERS, and investor stips are tedious and pull employee attention away from borrowers.
Always available, instantly scalable
Robots keep loans moving 24/7 so you can move loans faster than competitors, deliver lending decisions quicker, and improve borrower experiences.
Testimonial: Wyndham Capital Mortgage
As an early adopter of automation, Wyndham leveraged HPA to eliminate manual intervention in its mortgage approval processes and provide a true digital mortgage experience for borrowers.
Wyndham and HPA have achieved impressive results together since the first robot went live in 2018. The lender has reduced its average closing time by 20 days, loans per FTE are 136% above industry average, fulfillment costs are 33% below industry average, and more than 48,000 employee hours are saved per year.
HPA's Automation in Action
Encompass by ICE Mortgage Technology is the leading loan origination system on the market today, powering more than 40% of residential lending transactions in the United States. As an ICE Mortgage Technology Silver Partner with privileged access to Encompass APIs, HPA's automation technology, HPA Platform, interfaces seamlessly with Encompass to streamline loan processing, as demonstrated in this video. Learn more about our partnership.
Testimonial: Guild Mortgage
Founded in 1960, Guild Mortgage has grown from a single office to become one of the largest and most trusted independent mortgage lenders in the United States.
Read the case study to learn how Guild utilizes RPA-as-a-Service so that loan officers and staff can focus on connecting with people, educating them about the mortgage process, and building long-term relationships.
HPA is partnered with ICE Mortgage Technology to support their mission to accelerate lenders’ operational productivity and innovation, reduce lenders’ security and risk management, and streamline overall user experience to achieve a true digital mortgage.