Monday, June 9, 2008

Best Practices – Processing

A couple of postings last week created sincere passion in a few people. If you haven’t gone back and read the comments, you’ll find them interesting; you might note that you can comment at any time after a posting is put up, not just that day.

In particular, the comments some of you had about Loan Officers were particularly passionate and really good. It was enjoyable to read. I’ll come back to those in a few days. This week, we’ll discuss the rest of the loan process (processing to funding) and then move on into other aspects of running a mortgage lending business. In case you are wondering, we are considering all you have to say, putting it up against industry standards, common practices, profitability, long-term success, etc. It will all then be put out in a Best Practices Guide.

Today, let me know your thoughts about the “Basics of Loan Processing.”


Sincerely,

Danny