Better and best practices.
FIGURE intimate INDUSTRY Dave Matthews, former president of RBC Mortgage, Chicago, now describes an industry, consultants, some interesting questions for the industry technology leader. “We have to understand where our profits are really: Are they originations, or during recent years, they are really in trade wins?” He added: “If people are reporting losses for the year 2003, the day of trading are really losses, which tells us think about how we invest our technology?”
Matthews discussed these issues at Thomson Media Mortgage’s 7th Annual Technology Conference in Miami in January. “Are we really an industry that creates and manufactures a product for the secondary market advantages of our department, so they may be hedging, trading and make huge profits from trade, while we relate that the profitability of our business? ” Matthews slyly answered his own questions.
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