Lenders can achieve substantial savings for lenders offshoring portions of their loan origination or servicing processes, though not nearly as great as some studies have suggested, according to new research conducted by TowerGroup. “The offshoring and outsourcing business models in India are still maturing, but will help the U.S. mortgage industry lower total origination costs per loan by about 6 percent by 2008,” said Craig Focardi, senior analyst at TowerGroup