Manually updating spreadsheets. Dealing with paper jams in the printer. Remember what office life was like in 2005? If you’re feeling nostalgic, you can find many of the same practices still in place in the investor’s reporting offices of loan servicers today.
But why haven’t these offices evolved with changing technology?
Sonic Fire Tech has launched a wildfire defense system using infrasound to extinguish fires without water or chemicals. The system detects embers up to 1,500 yards away and aims to reduce property damage and water use in California.