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Peak pipeline management takes more than commitment

While community banks have typically enjoyed a steady, but smaller, share of the overall mortgage origination business as compared with their independent lender counterparts, record-low interest rates have skyrocketed both purchase and refinance volume across the board. Increased demand translates into higher profits — a welcome sight on any bank’s balance sheet. However, given the level of volumes at play in the current market, banks need to focus on managing mortgage pipeline risk to ensure the long-term health and stability of their mortgage operations…

This article originally appeared in National Mortgage News [subscription required].

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Vice Capital Markets, Inc.
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View our privacy policy.