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Thursday, November 29, 2012
TECHNOLOGY CONSIDERATIONS FOR A SERVICING RETAINED OPTION
It’s no secret that the changing market landscape has created new opportunities and threats for mortgage bankers. No more so than the changing economics around mortgage servicing rights. With many large aggregators no longer buying servicing, what’s the independent mortgage banker to do? How does this impact best execution? What’s the right strategy? How will these factors change the operating model? And what do IT professionals need to consider for making this strategy a success?
Hear from a panel of multi-disciplinary leaders from the industry – lenders, technologists, servicers, and consultants – as they discuss the pros of a servicing retention strategy and the pitfalls lenders face in a world without mega-aggregators.