The turbulent nature of the housing market means the life of a lender is full of crucial choices and careful planning. For mortgage companies, banks, and credit unions, one of these foundational decisions is choosing whether to service loans in-house or to outsource servicing to a subservicer. James Lauter, EVP and Chief Financial Officer, shares his perspective on the advantages and disadvantages of both options for Mortgage Orb, covering the topics of:
- Self-Reliance
- The Customer Relationship
- Potential Scalable Cost Savings
- Operational Costs
- Compliance and Regulatory Challenges
- Resource Pressure
- and more!
Read the Mortgage Orb article here to weigh the pros and cons of mortgage loan subservicing for yourself, then contact us when you’re ready to make the switch to subservicing!