Budgeting and Financial Planning for Non-Believers
This webinar is part of MBA Education's Garrett, McAuley & Co. Mortgage Banking Management Webinar Series.
Let's face it, budgeting and financial planning may not be glamorous, and many mortgage bankers will say, "Tell me what rates will be, and I'll tell you how much money we'll make." But this isn't a viable approach to a dynamic and difficult industry, and the top-performing mortgage bankers would never take this same approach. This webinar will provide mortgage bankers with the reasons why establishing, tracking, and modifying an annual financial plan or budget is essential to success in the mortgage banking industry. It will also address why measuring financial and operational performance and benchmarking is important for all mortgage companies and mortgage divisions of banks and how the top-performing mortgage companies employ it to increase revenues, control costs, and better manage risk.
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