Case Study

BETTER ORDER PROCESSING

BETTER ORDER PROCESSING

Managing Mortgage Lending Chaos with BETTER ORDER PROCESSING A WHITE PAPERHome finance is a complex business. Whether your company is writing mortgage loans or servicing mortgage borrowers, you are managing a large cohort of vendor partners in an effort to run a profitable, fully compliant financial services company. Few other industries must deal with such a complex web of essential vendor partners in a business with such stringent regulatory oversight. In a rising interest rate environment, we must add increased competition to that complexity. Our data is already clearly showing 1 that rising rates are choking off refinance business, driving overall mortgage volume down significantly. An industry that originated more than $4 trillion in 2020 will only see $2.6 trillion this year

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