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Most financial institutions, including mortgage lenders, have business continuity plans in place, but the unprecedented situation has created a vulnerability in fully addressing the unknown variables. Many mortgage lenders are seeing a spike in refinance applications after rate cuts by the Fed. A financial institution’s response to these issues in current times is one of the most critical aspects that will determine their relationship with their customers and employees in the future. Read more
By Visionet BFSIMost financial institutions, including mortgage lenders, have business continuity plans in place, but the unprecedented situation has created a vulnerability in fully addressing the unknown variables. Many mortgage lenders are seeing a spike in refinance applications after rate cuts by the Fed. A financial institution’s response to these issues in current times is one of the most critical aspects that will determine their relationship with their customers and employees in the future. Read more