As a mortgage broker, you understand the importance of building relationships with real estate agents, financial planners, contractors, and other potential referral sources. Your business network is often your business's lifeblood! While your business relies on referrals, relationship building ... Views: 2007
Loan pricing plays a vital role in the lender's asset/liability management program with these decisions having a direct effect on credit risk and earnings. Lenders must price their loans appropriately, ensuring that all costs are covered, risk is accounted for and managed, and sufficient ... Views: 1254
Loan risk management is a discipline focused on managing credit risks related to lending products. Issues range from individual borrowers' creditworthiness and likelihood of defaulting on loans to the entire loan portfolio of a given lending institution. Lenders mitigate risks in many ways ... Views: 2279
While mortgage brokers and borrowers generally feel a sense of closure once a loan has been funded and closed, loan asset owners and servicers know that their jobs have just begun. Not only must the loan be monitored and data analyzed as part of the risk management process, the loan may be ... Views: 1936