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RE: Death by a Thousand Paper-cuts: The Mortgage Industry is a Retarded Dinosaur

in #life7 years ago

We are getting closer to that day.

A month or two ago, in North Carolina, the first paperless mortgage took place. The idea of using all that paper in 2017 is totally absurd. I foresee that by the end of 2018, the idea of paper mortgages will be passe. The banks can process things a lot quicker and cheaper without paper.

Blockchain might take a while longer but that will hit, my guess, 2020.

Thank you for sharing your experience and the absurdity of it all.