Ashish Shreni

Ashish Shreni leads Cognizant’s Consumer Finance Consulting Practice within its Banking & Financial Services business unit. He has 17-plus years of diverse experience across digital, consulting, technology and operations. In this role, he is responsible for digital strategy, process and technology transformation, CXO advisory services, risk management, partnership and alliance strategies, as well as industry representation and industry forums relationship management. Prior to joining Cognizant, Ashish held leadership roles at CSC and Oracle. He can be reached at Ashish.

LIBOR Phase-out for Mortgage Lenders Just Got Closer

Sometimes it takes a nudge to make a deadline feel real. The mortgage industry got a reminder of the work ahead of it when Fannie Mae and Freddie Mac recently announced they’ll stop accepting adjustable-rate mortgages (ARM) tied to the London interbank offered rate (LIBOR) by the end of 2020. That’s a full year ahead […]

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The Digital Future of Mortgage Servicing

Mortgage servicing has a consumer reputation few would envy. According to the Consumer Financial Protection Bureau (CFPB), more than 80% of mortgage-related complaints involve problems with mortgage servicers. Additionally, nearly 80% of borrowers opt for a different servicer when they refinance their loans or move. Consumer lock-in is the widely acknowledged reason for this state […]

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Riding the Wave of Mortgage Digitization

After surviving recent regulatory reforms, mortgage bankers and financial institutions are ready to broaden their emphasis beyond compliance. And not a moment too soon, because the next wave of digital change is moving from the front office to the back office, and players need to respond rapidly. Much of the talk around digitization focuses on […]

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