🎙️ MISMO Mic’d Up: Michael Sachdev, CEO of Snapdocs

From Digital Closings to Digital Assets: Why Quality, Connectivity, and Standards Matter

In this episode of MISMO Mic’d Up, Brian Vieaux sits down with Michael Sachdev, CEO of Snapdocs, to explore what it really takes to scale the digital mortgage—from hybrid closings to eNotes, RON, and AI-powered quality control.

Michael shares his unconventional journey into mortgage technology, including how his background in regulated, infrastructure-heavy industries shaped his approach to digitizing mortgage closings and collateral. Together, Brian and Michael unpack why connected digital workflows across lenders, settlement partners, and the secondary market create higher-quality, faster-moving loan assets—and why collateral quality is quickly becoming a competitive advantage.

The conversation dives into real-world ROI from digitization, including reduced dwell time, fewer defects, increased funding certainty, and improved secondary market execution. Michael also offers a candid look at how lenders are using AI today—particularly in QC and back-office operations—to increase capacity and profitability without increasing risk.

The episode closes with practical guidance for lenders at any stage of adoption and a spotlight on the MISMO e-Eligibility Engine, powered by Snapdocs, a critical tool helping lenders understand how “e-eligible” each loan can be across jurisdictions and investor requirements.

If you’re focused on lowering cost per loan, improving execution quality, and preparing for an AI-ready mortgage ecosystem, this episode is a must-listen.

Michael Sachdev discusses how his background in law and sustainable energy—both highly regulated, complex industries—prepared him to tackle mortgage’s fragmentation and scale challenges with a systems-first mindset.

When lenders, title companies, and the secondary market operate on shared digital workflows, every loan becomes a higher-quality asset. The discussion highlights how digitization reduces friction, errors, and uncertainty at every handoff.

Rather than chasing RON first, Michael explains why maximizing hybrid adoption is the foundation for scaling eNotes and RON—and how eligibility must come before acceleration.

Beyond headline savings, the episode explores how reduced dwell time, fewer defects, and faster investor delivery can unlock hundreds of dollars per loan—and why $1,000 per loan in savings is an achievable north star.

Quality isn’t just about compliance anymore—it’s about liquidity. High-fidelity digital collateral performs better downstream, reduces risk, and can even command better execution in the secondary market.

Michael shares how lenders are successfully applying AI to QC, document recognition, and workflow automation—starting in low-judgment, high-volume back-office processes to safely scale impact.

Executive alignment, clear success metrics, and ecosystem readiness are key. The most successful lenders treat digital mortgage adoption as an enterprise strategy—not a side project.

Brian highlights the e-Eligibility Engine available at MISMO.org, helping lenders quickly assess how “e” each loan can be and chart a practical path toward greater digitization.

Episode DescriptionEpisode Overview / Key Themes🔹 A Different Path into Mortgage🔹 The Network Effect of Digital Closings🔹 Hybrid → eNote → RON: The Right Adoption Path🔹 Real ROI: Speed, Certainty, and Cost Reduction🔹 Collateral Quality as a Competitive Advantage🔹 AI in Mortgage: Where Value Is Showing Up Today🔹 Where Lenders Should Start🔹 Tool Spotlight: MISMO e-Eligibility Engine, Powered by Snapdocs