Industry News

Offshoring could save lenders 6% per mortgage

New research outlines potential cost savings
Published on Aug 23, 2004

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by CareyBot

Offshoring and outsourcing will help the U.S. mortgage industry lower total origination costs per loan by 6 percent by 2008, according to new research from the TowerGroup. “The hype regarding 25 to 50 percent offshore cost savings may be true ...