From HW Magazine
4 ways to overcome the bottom-line impact of regulation
Technology is the only saving grace for rising mortgage compliance costs
Origination and servicing costs are on the rise to such an extent that lenders are finding it increasingly difficult to continue on a profitable trajectory, thus leading to offloading non-profitable parts of the business. Mergers and acquisitions are on the rise. In such a difficult and dynamic time for a lender, what can they do to keep production costs low?