A Technology Response to the Great Recession: The Case of Dmd (Mortech Musings)
Mortgage Banking 2010, June
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- $5.99
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- $5.99
Publisher Description
It's no secret how difficult it has been for mortgage lenders to survive the credit crisis of 2008 and the Great Recession caused by lack of liquidity. The greatest impact on the average lender from the recession is a scarcity of loan volume. In MORTECH LLC's survey research (MORTECH annual surveys of lender use of mortgage technology), we find lenders are perfectly clear that their greatest need is to build loan production. Lender reactions to unusual conditions are pretty basic: Build by expanding their distribution capabilities--add offices and hire loan officers. Leases and laptops.
GENRE
Business & Personal Finance
RELEASED
2010
June 1
LANGUAGE
EN
English
LENGTH
5
Pages
PUBLISHER
Mortgage Bankers Association of America
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
57.4
KB
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