With current interest rates sinking ever lower, mortgage lenders and brokers are busier than ever. Volumes have gone up, and back-office teams are under immense pressure to process loans while maintaining quality and turnaround time. More often than not, they are missing closing deadlines because of backed-up pipelines. This is the right time to look for an external Mortgage Processing…
May 2012
Outsourcing, if handled well, can be a competitive advantage for your business, as it helps you overcome several operational shortcomings and realize substantial cost savings. For an industry that has to comply with several federal and state guidelines (which keep changing periodically), the idea of outsourcing seems challenging. However, the benefits of outsourcing make it a compelling factor to be…