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Home » Store » News » Companies Should Tweak ServicingPractices as Originations Profits Ebb

Companies Should Tweak ServicingPractices as Originations Profits Ebb

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Mortgage lenders for years have looked for profitability from the servicing side of the business during cycles when production is slowing down, but experts say management needs to hone costs and focus on identifying profitable customers to make the most of this strategy. “The next few years represent an opportunity for servicers to become the profit champions within their organizations,” says a new report from analysts at PricewaterhouseCoopers. “Those who succeed will do so
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