Skip to main content

Stratmor: Mortgage Banking Is About Balance

Navi Persaud
Jul 29, 2020
Rocks balancing on a desk next to a paper and pen.

A report from Stratmor Group's Jim Cameron outlines why mortgage banking is all about balance. It explores how balancing the realm of strategy, risk management, capital markets and operations can help mortgage bankers succeed.

"Each day is filled with decisions that often involve balancing competing objectives in a way that is aligned with corporate mission, vision and values," wrote Cameron.

"The mortgage banking balancing act plays itself out as executives and shareholders wrestle with critical strategies and risk management decisions. Do we take the risk for a higher return? Can we manage the risk, or should we avoid it altogether?"

He also stated that classic mortgage banking decisions on tradeoff occur within the capital markets. According to Cameron, capital market executives are always attempting to strike the right balance when it comes to managing the price/volume dynamic with the best execution and product offerings.

The report contained an interesting infographic, which broke down the metrics that senior production operations executives from the top 25 lenders use to manage their business. Productivity was the most popular answer at 34%, cycle time followed with 22%, the cost to produce and customer satisfaction came in at 15%, loan quality came in at 6% with 7% of those executives naming other metrics.

Click here to take a deeper dive into the balancing act that is mortgage banking.

Published
Jul 29, 2020
Clear Capital Announces 350 New Hires And 170 Job Openings

Clear Capital, a national real estate valuation technology company, announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

Community
Oct 28, 2021
Fitch To Rate BRAVO 2021-NQM3, Presale Issued

Fitch Ratings assigned its expected ratings to Bravo Residential Funding Trust's 2021-NQM3 supported by 934 loans with a total interest-bearing balance of approximately $346 million as of the cutoff date, according to Fitch.

Non-QM
Oct 28, 2021
Guild Mortgage Announces Medical Professional Mortgage Program

Guild Mortgage introduced a new mortgage product to help medical professionals buy their first home with no down payment.

Industry News
Oct 27, 2021
Mortgage Coach And HomeBinder Partner On New Integration For Homeowners

Mortgage Coach announced a new integration with HomeBinder aimed to help homeowners stay connected with their lenders.

Tech
Oct 27, 2021
Non-QM Lender Angel Oak Appoints David Raju As Group CIO

Firm continues to seek ways to optimize data and improve technology capabilities.

Non-QM
Oct 27, 2021
Evergrande Steadily Repays Debt While Taking On New Risk

Evergrande Chairman Hui Ka Yan has ambitious plans, signaling last Friday that the firm wants to move away from housing and focus on making electric cars. 

Industry News
Oct 26, 2021