2026-09-19T12:58:37Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/1223982021-07-05T14:03:20Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Adrien Verdelhan.
Shalev, Eilon.
Micley, David
Sloan School of Management.
Sloan School of Management
2019-10-04T21:32:17Z
2019-10-04T21:32:17Z
2019
2019
https://hdl.handle.net/1721.1/122398
1119721722
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2019
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 30-32).
The mortgage industry is the largest debt market in the U.S. entailing ~$10 trillion. The average processing time from mortgage application to closing is 45 days. More than 10 different stakeholders contribute to the process of mortgage origination, and they all use different types of technology to perform their parts. As such, coordinating and syncing all stakeholders is a complicated task, and therefore stakeholders revert to personalized yet inefficient communication channels, such as emails and phone calls. We offer a potential solution for this communication problem, leveraging DLT (Distributed Ledger Technology) to create pre-set channels for those stakeholders to communicate and reconcile transactions instantly. We argue that by leveraging DLT to this use case, the process of mortgage origination could go drop to 15 days, saving billions of dollars for all stakeholders.
by Eilon Shalev and David Micley.
M.B.A.
M.B.A. Massachusetts Institute of Technology, Sloan School of Management
32 pages
eng
Massachusetts Institute of Technology
MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.
http://dspace.mit.edu/handle/1721.1/7582
Sloan School of Management.
elphi: a business plan to streamline the mortgage lifecycle through blockchain
Business plan to streamline the mortgage lifecycle through blockchain
Thesis
application/pdf
2019-10-04T21:32:16Z
Publication
Master
Sloan
unknown
unknown
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<Abstract>The mortgage industry is the largest debt market in the U.S. entailing ~$10 trillion. The average processing time from mortgage application to closing is 45 days. More than 10 different stakeholders contribute to the process of mortgage origination, and they all use different types of technology to perform their parts. As such, coordinating and syncing all stakeholders is a complicated task, and therefore stakeholders revert to personalized yet inefficient communication channels, such as emails and phone calls. We offer a potential solution for this communication problem, leveraging DLT (Distributed Ledger Technology) to create pre-set channels for those stakeholders to communicate and reconcile transactions instantly. We argue that by leveraging DLT to this use case, the process of mortgage origination could go drop to 15 days, saving billions of dollars for all stakeholders.</Abstract>
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