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Midsized mortgage lenders can stop leaving money on the table with every loan they originate, says PCLender.com founder and president Lionel Urban. To help them do that, his company has just released warehouse line and loan reconciliation tools that enable lenders to reconcile the true profitability of loans more accurately from the in-house mortgage enterprise lending platform.
"Warehouse line and loan reconciliation are among the most complex and profit-impacting components of mortgage lending," said Mr. Urban. While lenders...