Despite a booming economy, strong consumer confidence and record-breaking stock market, America’s lending community finds itself confronting a wide range of real—and potential—challenges.
The issues facing lenders nationwide present an environment that requires nimble business skills and the ability to adopt to an ever-evolving marketplace.
Near the top of the list of challenges confronting lenders is—not surprisingly—a wide array of both state and local regulations, and the related expenses of ensuring compliance with all of them. Time and again, industry experts point to what they believe to be ‘over-regulation’ as a significant contributing factor to the expense of servicing a home loan. Continue reading “Challenging Times For America’s Lending Community”