The Evolution of Pricing Technology (Executive Essay)

Today's mortgage market is incredibly complex. Contracting volumes, increased regulation and tough credit restrictions have all significantly slowed mortgage originations. Not exactly a news flash, is it? But it's not all doom and gloom for lenders, as this environment leaves plenty of room for lenders to enhance their operations. While sustaining profits may take a little more effort, this environment opens the door for lenders to improve their workflow and technology use for greater efficiencies, which in turn can maximize profitability.