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Lenders are facing a serious time in a difficult market. According to the MBA’s 1Q2022 data, median productivity as fallen by over 50%. While market issues actually started in the 3rd quarter of 2020, lenders are seeing net production income decreasing significantly from Q32020 record highs, and costs per loan skyrocketing to an average of $10,600 in Q12022.

On June 29, 2022, CWDL hosted a webinar with Jim Deitch, CEO of Teraverde, and Mark Wilson, Managing Partner of CWDL, to discuss how lenders can manage costs and uncover opportunities to be profitable over the next 6-18 months as they weather market volatility. Download a summary of the key takeaways from this discussion here:

Webinar Summary: Opportunities to Increase Profitability and Resiliency

Teraverde and CWDL are partnering to help lenders identify “Aha” moments to manage profitability, productivity, and costs. Using Teraverde’s Coheus platform, lenders will receive an interactive review of your last 12 months of financial and operational data and access to Coheus Top Tiering™ System for a one-time fee of $2500 (some restrictions apply). Contact Kasey English at [email protected] or 619.302.0010 for details.