In a changing competitive landscape, you need more than reports, you need Mortgage Banking BI tools that helps you take action. Ellie Mae found that it is far more common for large lenders to have a clearly defined data and analytics strategy (60%), compared to small and mid-size (55%) lenders, who are more likely…
A comprehensive loan management software can improve the quality of services and productivity, as well as help lenders make their operation more agile and transparent. This leads to operational costs reduction and better customer service. But it works even better if it’s enhanced with software that simplifies the convoluted accounting processes. It could prove to…
Today, most of the lenders use mortgage product pricing engines to increase their ROI. “ Corporate margin is the money mortgage companies need to make on loans to pay the bills needed to run the company and turn a profit. ” To become a successful mortgage lender requires a mastery of setting prices and…