Lenders are constantly looking for ways they can streamline their operations and produce savings for themselves and their borrowers in order to compete in a leaner market this year.
In line with the adage, "What gets measured gets managed," one way mortgage companies are doing this is by identifying and analyzing certain procedural metrics and using them in order to identify ways produce savings or improve service levels by reorganizing their operations.
With that in mind, here is a look at five ways mortgage lenders and servicers have found they can improve operations by analyzing origination processes, according to Black Knight, a vendor that recently added a new business intelligence platform to its lineup of broader mortgage technology offerings.
