Spreadsheets have long been the backbone of accounting in credit unions. Flexible, familiar, and low cost, they have allowed finance teams to manage accounts, reconcile data, and produce reports without relying on complex IT systems.
Seven years, countless conversations, and one incredible community.
Warehouse expense is often one of the largest expenses on an IMB’s P&L, reducing expenses is key to maximizing profitability.
The sale of originated mortgage servicing rights (OMSRs) gives rise to several types of income.
With rising rates, lower volumes and lower margins converging on the mortgage industry over the past 18 months, the constant response has been a combination of consolidation/aggregation, reductions in force, or outright surrender.
Being in the mortgage industry for a lot of years, you pick up a few systems. You learn the tricks of the trade, so to speak.
In today’s mortgage market, it’s not only harder to compete for top lending talent but more expensive. You could just keep throwing money at the problem, but that’s not a sustainable strategy.
It’s the start of a new year! How this year turns out for your company will be determined by three tough decisions executives need to make this month.
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