Call a Plumber. We've got Profit Leaks!

With all the elements we touched on Friday, the funny thing is that to elevate your success you don't have to be a trading wizard, have superpowers, or need a managed account provider to execute your trades. You need an organized approach, a spirit of communication, and the desire to persistently improve.

Let's put together a list of points in the processes where profits leak:

  • Rate Sheets -> Not competitive, too competitive, out of sync with Secondary Market
  • Lock Desk -> Policies that lack controls or induce fallout, both partial and complete
  • Loan Data Integrity -> Inaccurate, incomplete, delayed
  • Fallout -> Too much/little coverage = Costly pair-offs or Gain-on-Sale erosion
  • Hedging -> Poor hedge ratios, excessive or avoidable trading or poorly focused plan.
  • Best Execution -> Fails to identify all relevant opportunities or factors, eligibility and/or timing issues.
  • Loan-to-Trade Allocation -> Fails to optimize the capacity of existing commitments.
  • Underwriting Bottlenecks -> Expensive extensions, pair-offs, or missed opportunities
  • Investor Remittance Issues -> Failure to identify and resolve under-payment errors.

Phew, and as they say "but wait there's more..."

> > As featured in Les Parker's TMSpotlight "Follow" daily newsletter: Will tomorrow's PPI shift the inflation outlook?

Call a Plumber. We've got Profit Leaks!
PowerSeller Solutions LLC, Greg Crosby November 12, 2024
Share this post
Channeling water, fire, or wind vs. Earth, Wind and Fire 🎶