Tuesday, 9 August 2022 | The Latest Buzz for the Appraisal Industry

Keith Kemph: Why the LOS RFP is Dead – and Why That’s a Good Thing

PERSON OF THE WEEK: Industry observers will tell you that mortgage lenders typically turn away from an existing Loan Origination System (LOS) in favor of a new one every 5 years or so. The traditional process of selecting this software has been long, expensive, tedious and likely to drive lenders back to the same old software. There must be a better way.

Keith Kemph, CEO of BlackFin Group, an industry consultancy, says that the

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