Originators Predict More Outsourcing and Consolidation in 2021

National Mortgage News, Feb. 5, 2021–Brad Finkelstein (subscription)
Managing costs and creating operational efficiencies are foremost on the minds of the mortgage lenders, with the ongoing pandemic creating pressure on their profit margins. Outsourcing was the leading choice for producing those efficiencies, by 41% of those surveyed for Altisource Portfolio Solution’s latest the State of the Originations Industry report.