Lester Dominick on the Strategic Targeting Podcast
In the home finance business, mortgage loan origination and loan servicing have been separate businesses, but that’s changing. Today, plenty of banks and even Independent Mortgage Banks are holding on to their Mortgage Servicing Rights (MSRs) and servicing their loans.
In this episode, Mortgage Technology Visionary Lester Dominick explains why having a unified platform, where originators and servicers both work off the same database, is a strategic imperative.
Questions answered in this podcast:
(1:25) What strategic imperative are we talking about?
(3:40) Why is now the right time to move forward with this?
(5:25) Why does the industry think this is a good time?
(8:15) What’s the risk of doing this now?
(9:52) What are the benefits that get the lenders attention?
