Search

Evaluating the service performance of mortgage institution involves making cost studies of servicing including the profits gained from servicing and expenses from processing and personnel. Service fees vary according to the type of mortgage, a large portion of which is comprised of residential loans. Additional servicing expenses may be incurred by provisions for losses, amortized costs and occupany rates. Productivity can be measured by charting the loans serviced per employee., Servicing is the bread and butter of mortgage banking, the key to success and profit for mortgage banking companies. But how can a credit union measure its servicing performance? The [...]

The profit margin in servicing took a nose dive in 1992. Expenses tied to a tidal wave of prepayments drove net servicing income down by 45 percent from 1991. The [...]

THE MBA COST STUDY Measuring Performance OVERALL, 1990 WAS ANOTHER YEAR of improvement in the profitability of mortgage servicing according to a survey conducted by the Mortgage Bankers Association of [...]

Clocking the Industry's Performance The mortgage banking industry has been posting better performances lately, as companies pull out all the stops to control costs. The business is getting maximum mileage [...]

THE TRENDS AND OUTLOOK FOR FORECLOSURE & DELINQUENCIES Problem loan rates are now nearly double what they were in the late 1960s. Servicing residential loans is the bread and butter [...]

THE 1988 SERVICING PROFIT PICTURE Profitability in mortgage lending in 1988 was little better than in 1987, as the industry continued its efforts to cope with difficult environmental conditions. Loan [...]

SOFTWARE REVIEW: EXPANDABLE MANAGEMENT SYSTEMS These two systems for midsize retailers can keep pace with growing stores The Accredited Gemologists Association and JCK provide 'Software Review' as a way to [...]

Answers questions about the Medicare prescription drug benefit in the U.S. Coverage of aged taking several medications; Enrollment for the program; Effects of the program on discounts offered by drug companies to people with limited income; Effect of retiree health insurance. INSET: From Here to 2006: Help With Drug Costs..