Homelend; A Blockchain Based Mortgage Crowdfunding Platform
Homelend is a Blockchain platform that was developed to ease mortgage origination. The platform is expected to transform it into a simpler, more efficient and fair process. Homelend; A Blockchain Based Mortgage Crowdfunding Platform The revolution of the internet has disrupted many areas of the financial world. Mortgage lending, which is still conducted under the same traditional system is an exception. Although the tendency towards securitization has caused a growth in the mortgage value chain, the lending process is still tedious and slow. Also, it involves too many players. What does this mean for the borrower, you ask? It translates into paperwork. The amount of documents that needs to be filled, combined with the number of entities involved in the process makes it all too overwhelming. However, it’s about to get easier. Thanks to Blockchain technology, information can now be easily transferred and accessed by parties involved in the mortgage va...
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