Q&A: What might blockchain mean for the mortgage industry?

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June 2016

Overview

Blockchain technology may radically alter the process through which consumers buy a home, as well as the way financial institutions handle mortgages. Specifically, the technology could remove cost and friction from the process, create transaction records that are infallible and incorruptible, and facilitate near-instantaneous settlement. It could also dramatically change the way mortgages are serviced and sold on the secondary market.

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Pamela Johnston

Principal, PwC US

Tim Davis

Managing Director, PwC US

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