Quote Originally Posted by fundingsmbs View Post
you can't scale without some form of automation. As far as UW being good or bad, many get hired with little to no experience.
There will always be opinions in favor of both automation and physical underwriting. Both have pros and cons. Yes some UW's start with little to no knowledge however with time and experience they grow. They are in the process of being developed. Many companies would love to have someone come in who can get going on day 1. Yet some fail to realize not every company is the same. Think of it this way, professional athletes who move from team to team never use the same playbook, you always have to learn a new one. But the skills and experience stays with you. At some point everybody starts with little to know experience.

One reality in this industry in regards to both automation and live underwriting is that one bad apple will always try to learn how to beat the system.