Lack of underwriting talent to handle peak volumes
Onshore underwriters spending time on clerical tasks/activities
Increased turnaround time and impact on quality
Increased cost to underwrite due to premium talent cost and overtime cost
These are a few of the top challenges we're seeing at M. Allen and several of our client organizations that work within the mortgage sector. Attaching an executive brief on how one, Sourcepoint, is attacking solutions for these current challenges associated with the loan underwriting process.