When looking to cut loan production costs, mortgage bankers tend to look closely at fulfillment—or back office expenses—yet the opportunity for significant savings there is limited.
Tag: STRATMOR Group
Garth Graham From STRATMOR Group: Evaluate Sales Compensation Structure to Regain Profitability
When looking to cut loan production costs, mortgage bankers tend to look closely at fulfillment—or back office expenses—yet the opportunity for significant savings there is limited.
STRATMOR Group’s Michael Grad: Unlocking Profits from Servicing Assets
With interest rates soaring, most lenders are struggling to generate enough profit from originations to sustain business. And when they are incurring losses with each loan originated, many have turned their attention to mortgage servicing rights for extra revenue.
STRATMOR Group’s Sue Woodard: Prioritizing the Employee Experience
In business, “the customer is always right” has long been a guiding principle behind customer service. While this motto undoubtedly holds value, it’s important to remember that the quality of the customer’s experience is directly linked to the well-being of an often-overlooked entity: your employees.
STRATMOR Group’s Sue Woodard: Prioritizing the Employee Experience
In business, “the customer is always right” has long been a guiding principle behind customer service. While this motto undoubtedly holds value, it’s important to remember that the quality of the customer’s experience is directly linked to the well-being of an often-overlooked entity: your employees.
STRATMOR Group’s Sue Woodard: Prioritizing the Employee Experience
In business, “the customer is always right” has long been a guiding principle behind customer service. While this motto undoubtedly holds value, it’s important to remember that the quality of the customer’s experience is directly linked to the well-being of an often-overlooked entity: your employees.
Industry Briefs Apr. 27, 2023: Realfinity Partners with NFM Lending
Realfinity, Miami, announced a partnership with NFM Lending, a national mortgage lender, bringing together Realfinity’s private-label HomeDashboard platform with NFM Lending’s loan products.
Industry Briefs Mar. 24, 2023: Black Knight Says Prepayments Rebound from Record Low
Black Knight, Jacksonville, Fla., said the national mortgage delinquency rate increased by 7 basis points in February to 3.45%, but fell by 12.6% year over year. Meanwhile, prepayment activity inched up to 0.35%, breaking a four-month streak of record lows.
Industry Briefs Feb. 27, 2023: CoreLogic Acquires Roostify
CoreLogic, Irvine, Calif., a global property information, analytics and data-enabled services provider, acquired Roostify, San Francisco, a digital mortgage technology provider.
Industry Briefs Jan. 31, 2023: Revolution Mortgage Partners with Silverwork Solutions
Silverwork Solutions, Chicago, a developer of digital workforce BOTs, announced a partnership with Revolution Mortgage, Columbus, Ohio.