Inside Mortgage Finance: Community Lenders Fear Vendor Consolidation Could Increase Costs
Community lenders might be able to transition to a new provider, but doing so requires an investment in time that could be hard on them financially.
Community lenders might be able to transition to a new provider, but doing so requires an investment in time that could be hard on them financially.
Scott Olson, executive director of the Community Home Lenders of America, called for a more flexible PTAP that small and mid-sized issuers could access in more normal circumstances, not just during a national economic crisis.