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Maximizing Opportunities in the Secondary Markets

Is your organization making the most of its secondary market opportunities? Managing this critical area effectively can be challenging, particularly if you lack the resources to dedicate a full-time team to tasks such as pricing engine management, loan registrations, rate locks, eligibility checks and reporting.

When these responsibilities fall to loan officers, processors or underwriters, the risk of costly errors increases significantly. Consider the consequences of an overlooked FICO score change that leads to a loss on a rate lock. Who absorbs these financial hits, and how do you safeguard your profitability?

One option is to hire dedicated secondary personnel. However, this solution comes with its own set of challenges: ensuring coverage during peak activity or market volatility, dealing with staff absences and justifying the expense of salaries and benefits.

A more efficient and cost-effective alternative is outsourcing your secondary market operations to a trusted partner. Gooi offers virtual secondary desk services designed to streamline your operations, manage your secondary pipeline and mitigate risks allowing you to focus on driving loan originations.

Ready to optimize your secondary market strategy? Contact us to learn more about our virtual secondary desk services or click here: Gooi Secondary Desk Services.

 

Laura Rosenberger

[email protected]

515-313-0590