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"Servicing portfolio" - a term you've heard but aren't quite sure about? Let's break it down:
1 year ago
8
•It's a big commitment
•Requires significant capital
•You give up your SRP (Servicing Release Premium)
Here's the kicker: It's one of three main revenue streams for mortgage companies.
What other mortgage terms puzzle you? Ask away in the comments!
Find the full episode of our interview with Tim Pascarella, EPISODE 177 - On The Edge Podcast with Scott Groves. Listen and subscribe anywhere you listen to podcasts!
#MortgageEducation #FinancialLiteracy #FinancialPortfolio
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