Mortgage Cadence Benchmarking Study Identifies Key Differentiators of High-Performing Lenders
Accenture plc Class A Ordinary Shares (Ireland) (ACN)
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am
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Source: Business Wire
A focus on optimizing staffing models and streamlining processes helps combat market volatility, earning Mortgage Cadence clients market-leadership position in productivity and cost-to-close metrics DENVER--(BUSINESS WIRE)--A new study from Mortgage Cadence, an Accenture (NYSE: ACN) company, identifies several key factors that differentiate high-performing lenders from others in today’s mortgage market, which is characterized by an industry-wide housing supply shortage and all-time-high costs to originate a mortgage.Mortgage Cadence’s seventh annual Lending Performance Benchmarking Study draws on the analysis of data from mortgage lenders across the country that use the full suite of Mortgage Cadence loan origination technologies.The report notes that high-performing lenders share three characteristics. First, they benchmark their performance against the competition, identifying areas for growth and improvement. Second, they optimize their staffing models and cross-train their team
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