The U.S. real estate industry is in a volatile state – as much, if not more, than it was during the 2008 financial crisis. We are seeing some record numbers in the mortgage industry with rising foreclosures, really low interest rates, and shortage of inventory. This does seem to be a stable environment, though – but while things seem to fall in place at times, the next moment new factors disrupt the market environment. Here are three areas of turbulence in the mortgage industry.
Tag: Quality Management
Creating a New Normal for Loan Quality
Lowering loan manufacturing costs, improving overall mortgage processing efficiencies and achieving optimal risk management begins with improving the quality of the underlying mortgage loan file data.
Creating a New Normal for Loan Quality
Lowering loan manufacturing costs, improving overall mortgage processing efficiencies and achieving optimal risk management begins with improving the quality of the underlying mortgage loan file data.
Creating a New Normal for Loan Quality
Lowering loan manufacturing costs, improving overall mortgage processing efficiencies and achieving optimal risk management begins with improving the quality of the underlying mortgage loan file data. Fortunately, automation is bringing much-needed improvements that efficiently bring data inconsistencies to the surface so that accuracy can be achieved and decisioning can be improved.