Featured Post


The economic scenario has been rather challenging for lenders in the US Residential Mortgage Market. The Federal Interest rates have been consistently high, significantly impacting the demand side for fresh purchases.  The cost of issuing loans has been increasing for lenders, which has been hitting their profitability tangibly. As per numbers from a recent study, only 44 percent of mortgage lending firms have reported a pre-tax net financial profit in the last quarter of 2018 . With little control over external factors, the intuitive answer for lenders to survive lies in cutting down......

Continue Reading