Exploring Payroll Connectivity: Mortgage, with Argyle

In this special, four-part series, Fintech Takes’ Alex Johnson explores payroll connectivity from a variety of perspectives.   In today’s episode, John Hardesty and Kyle Green talk with Alex about how payroll connectivity streamlines the mortgage lending process, making it more straightforward than ever before for borrowers and lenders alike.    As a GM of Mortgage at Argyle, John gives his insights into the cost structure of mortgage lending, the obstacles facing the employment verification process, and how regulators benefit through increased access to payroll data.   Meanwhile, Kyle, a Senior Product Manager for Simple Nexus, shares his unique opinions about the user experience of mortgage lending technology and the common pain points along the employment verification process.   Plus, what do both envision for the future of mortgage lending technology?   Sign up for Alex’s Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/     Follow Alex:  LinkedIn: linkedin.com/in/alexhjohnson Twitter: twitter.com/AlexH_Johnson   Follow Kyle:  LinkedIn: Hardesty   Follow John: LinkedIn: https://www.linkedin.com/in/john-hardesty-5aa34672/   Do more for less with Argyle.   Power the digital experiences that drive performance across the customer journey with industry-leading payroll coverage. Automate income verifications, seamlessly fund bank assets, and leverage real-time work to enhance products.    Sign up today and start building your business.   Go to https://argyle.com for more information. Timestamps: 0:00 Intro 3:32 Mortgage as an Industry 10:31 Cost Structure of Mortgage Lending 14:44 Verification 18:32 Historical Background of Verification 24:50 Consumer Permission/Payroll Access 32:12 The Changing Nature of Employment 39:35 Regulators and Technology 44:45 The Future of Mortgage Lending