four mortgage metrics that matter (presentation slides)

Post on 02-Nov-2014

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In this webinar, you will learn about four key mortgage metrics. You will also be able to benchmark your credit union’s performance comparative to other credit unions, and learn ways to improve your credit union’s mortgage lending program and ultimately your credit union’s bottom line. For more info: www.nafcu.org/mortgagecadence

TRANSCRIPT

Four Mortgage Metrics

That Matter

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Dan Green

EVP, Marketing

Mortgage Cadence, LLC

Five Decades of CU Mortgage Lending

Mortgage Lending is a Core StrategyCopyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Directionally Correct & Diagnostically Oriented

Measurement Simplified

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

The Four Metrics

I. Member ShareII. Pull-Through IV. Cost-to-Close

III.Productivity

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Member Share

How many borrowed last year?Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

What’s your. . .

. . .Member Share

Pul l -Through

Solv ing the Myster yCopyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

The Pul l -Through Formula

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Pu l l -ThroughLoan Appl icat ions per year

Loans Closed per year=

Product iv i ty

People , Process , St rategy, Technology

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

The Product iv i ty Formula

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Product iv i ty# of product ion s ta f f

Loans Closed per month=

Cost- to-Close

The Crucia l Metr icCopyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Est imat ing Cost- to-Close. . .

. . . i s as s imple as fo l lowing the cur ve.

Compet i t ive Advantage

Why the Metr ics MatterCopyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Achieving Pr ic ing Advantage

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Cost-to-Close Savings Estimator

What Next?

Three more th ings to do th is year.( ) Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Contact In format ion

Nizar Hashlamon: nhashlamon@mortgagecadence.com / Dan Green: dgreen@mortgagecadence.com

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Download the eBook

Go To

News & Media >

White Papers

at

www.mortgagecadence.com

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

Copyright 2013. Mortgage Cadence, LLC. All Rights Reserved.

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