Capital Assets Weekly Comments

Mortgage Product Risk

I have had several conversations lately about the fierce competition in the mortgage business and the related product risk. Any discussion about loan programs starts with an examination of product risk: choosing what product type/product mix to offer borrowers. Many of our depository customers have been voicing concern over product mix, channel selection, and the ability to measure different credit risk variables. Today’s Comments focuses on one aspect of this challenge: choosing the right product.

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