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Lenders and Servicers need to stay abreast of market changes, understand them well, and adapt their business practices to suit the new normal. While this has always been true, it is even more so, amid the current COVID-19 pandemic situation.

Handling complexities?

For several lenders, the uncertainty of the market has caused internal lending guidelines to tighten up. With physical meetings not happening, how do we handle the complexities? How do we have those conversations with our referral partners and even those sometimes-difficult conversations with borrowers in our pipelines? Continue reading...