A computing system made up of simple, highly interconnected processing elements, that processes information by their dynamic state response to external inputs.
With a successful hedging strategy, mortgage lenders can implement additional strategies to enhance its franchise value.
Discussing the increasingly troublesome accounting method termed “settlement account” as it relates to secondary marketing and ways to at least live with it – if not, have it replaced.
The new plan provides a maximum interest rate ceiling on a borrower’s fixed-rate mortgage application for up to 180 days for no upfront fee.
The difference between a profitable mortgage lender and a highly profitable one not only comes down to the methods and tools used to minimize risk and decrease liability but also knowing which ones to use and when to use them.