In a fast-changing business environment, lenders don’t always act as expected, so it’s necessary to have a longer list of capital provider choices on-hand.

Altisource Portfolio Solutions SA, Luxembourg, said its annual survey of default servicing professionals show a bit of nervousness in 2020 over certain loan types, including FHA and private lender loans.

Technology is no longer an option; it is an integral element. Inefficient, outdated, manual processes can be risky and ultimately end up costing the lender. To combat these challenges, today’s lenders must stay abreast of cutting-edge technology. Implementing such technology, lenders can exponentially increase their bottom line as well as bring unexpected savings and benefits.

With limited population growth domestically, the search for advanced technology skills must embrace aging populations and the explosion of megacities beyond our shorelines—new, continuous models of corporate education, training and partnering must be adopted.

Success Mortgage Partners Inc., Plymouth, Mich., named Allison Johnston, CMB, as President.