The main point of discussion is the concept of “all volume is good volume,” or a variation “every loan adds profit to cover fixed costs.”If all compensation and other costs are fixed (meaning the lender can’t reduce its costs under any circumstance), then all volume...
We can’t afford to let any fundable loan slip through our fingers. The fact is many loans do slip by. The reasons vary, but the impact is large.It does not have to be that way. Get This Resource
Five Critical Steps to Improve Profitability Improve Efficiency, Productivity and Profitability.Mike Fratantoni, Chief Economist of the Mortgage Bankers Association published this revised forecast for 2022: Industry MBA Forecast($ Billions of Originations) ...
What's Working on the Business? The executive team at a lending businesses must identify the difference between 'Working in the Business' vs 'Working on the Business'. When we ran a survey only 35% of CEOs responded that they have clear visibility when Working On the...
Unlock Your Lending Profitability and Insights that Help Drive Productivity With These Five Tips.On February 2, 2022. Mark Wilson, Managing Director of CWDL, Coheus user David Fitzell, SVP & Director of Residential Lending at Meridian Bank, and Jim Deitch,...
Leading a Mortgage Business with real time data. January 11, 2022: Maylin Casanueva, President of Teraverde®, announced today that the Coheus Solution now includes Task, Service Level and Data Change Management integration. Coheus thus becomes the only complete Task,...
CWDL Partners with Teraverde® to Bring Coheus® Mortgage Business Intelligence to Lenders. January 18, 2022: San Diego, California – CWDL is excited to announce an exclusive partnership with Teraverde to bring the Coheus Mortgage Business Intelligence to its clients....
Strategic Transformation with Data Intelligence November 22, 2021: “Working on Your Business,” not “Working in Your Business” is the essence of Strategic Transformation. When you think of a strategic plan in an organization, that would transfer the business, or a...
Working on the Business Success Lessons from: Atlanta Braves, Southwest Airlines and High Performing Lenders. Jim Deitch, Chief Executive Officer of Teraverde and Best Selling Author and David Fitzell, Meridian Bank Senior Vice President, Director of Residential...
Digital Transformation - Strategy for Mortgage Lenders November 8, 2021: The activities and processes related to residential real estate mortgages loans are labor-intensive and tedious. As a result, they take plenty of time to execute. However, the good news is that...
