Some of the pitfalls of automation for Mortgage Brokers include: an over-reliance on automated systems that can lead to a decrease in the quality of customer service, the potential for errors in automated systems that can result in costly mistakes, and the possibility of job displacement as automated systems become more sophisticated and capable of performing tasks that were once done by humans.
Additionally, there is the risk that automated systems will not be able to keep up with the ever-changing mortgage industry, which could lead to mortgage brokers falling behind their competitors.
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