In May 2017, Richey May hosted a webinar for CFOs and controllers of independent mortgage banking companies on an in-depth analysis of the 2016 financial and operating results and metrics from our Richey May Select Benchmarking program designed for independent mortgage lenders. Topics during the webinar included: key production metrics, gross loan margins, pre-tax earning, and expenses.
Lender placed insurance, also known as force-placed insurance, comes into play when a...