Servicing, Cross-Selling and Diversity Keys To Future Profitability, MBA Council Predicts
September 1, 2006
Servicing, cross selling and a diverse workforce will drive profitability in the next 10 years, according to an industry panel assembled by the Mortgage Bankers Association. However, servicers may have to cope with already outdated servicing platforms for a number of years before upgrades are feasible. The Council to Shape Change, an MBA study group, predicts that scale will play a key role over the next decade...