TITLE

Squeezing Out Costs

AUTHOR(S)
Tenuta, John R.
PUB. DATE
March 2005
SOURCE
Mortgage Banking;Mar2005, Vol. 65 Issue 6, p108
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports that the cost associated with mortgage transactions are of increasing concern to borrowers, lenders, regulatory agencies and consumer advocacy groups. As a result, lenders are using loan origination, processing and servicing technology to reduce mortgage costs. The benefits of carefully implemented technology are significant : streamlined processes, improved efficiency and productivity, more affordable mortgages, reduced time from origination to closing and greater consumer satisfaction.
ACCESSION #
16521937

 

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