Margin Compression is Back – Here’s the Best Way to Handle it?

Mortgage Apr 27, 2021

What Led to a Margin Compression? “We conduct an internal meeting once a week to discuss and decide on the best suited loan processing rates and fees that we can afford to offer in a particular week. This aids us to control the loan volume inflow”, quoted by a reputed lender during a virtual meeting in which I was a…

How Outsourcing QC Audit Services Prepares Your Team for Future Disruptions

mortgage QC services Apr 16, 2021

The mortgage industry has largely been perceived as a risk-prone sector that is sensitive to market dynamics such as government regulations, the health of the economy, market competition, and others. This led the industry players to establish robust QC processes and refine those over the years to create a reliable framework that enables them to spot and mitigate risks for…

The Lender’s Guide to Digital Closing in the Post-Covid Era

The last fifteen months have been unprecedented for the mortgage industry. With the Covid-19 pandemic rattling the lending ecosystem, lenders have seen the worst in the form of business loss, rock-bottom productivity, depleting revenue streams, and distorted workflows. Among other concerns, mortgage closing has been a source of deep worry for lenders. The practice of social distancing has indubitably helped…