Rising interest rates, strong home price appreciation and a tight housing supply have combined in 2018 as a perfect storm resulting in a negative profit outlook for mortgage companies. Lenders are finding the silver lining to this dark cloud largely through making changes to their own processes to preserve net gains. SimpleNexus’ digital mortgage technology is creating new opportunities for lenders to increase operational efficiency to stay competitive and profitable.
Publisher: SimpleNexus
Date:Â October 2018
