How Loan Originators Create Value for a Mortgage Operation
Posted To:The Garrett Watts Report
“Reward your kid's good behavior. Be as creative as you like with your reward system. Spell out the types of behavior and chores that will be rewarded. Don't forget about your reward system or it won't work. As your children grow up and House Rules evolve, so can the rewards. “ – Nickelodeon Parents Connect What do rewarding a child and mortgage lending have in common? Let’s see where I am going with this… Client segmentation has been a popular topic of discussion amongst our clients lately. Most correspondent investors are already segmenting their customers based on profitability, quality, pull through, and paying their bills on time. Citi Mortgage has its Star Performance Rating System. Bank of America, formally Countywide Funding, has always had customer segmentation…(read more)
This mortgage update is brought to you by: C.M. “Corky” Watts, CMB – You can read the full article at How Loan Originators Create Value for a Mortgage Operation
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