This White Paper presents
data and strategic insights
so you can compete more effectively
Use our tools, technology and strategies to win in the marketplace no matter the environment
Use our tools, technology and strategies to win in the marketplace no matter the environment
Hi, Jim Deitch here.
I hope you will take a minute to absorb the transformative ideas I present in this White Paper.
The main point of discussion is the concept of “all volume is good volume,” or a variation “every loan adds profit to cover fixed costs.”
If all compensation and other costs are fixed (meaning the lender can’t reduce its costs under any circumstance), then all volume is good volume.
But costs are rarely fixed long term. And thus, my thesis of “Keep the Best, Cut the Rest.”
James A. Deitch, CEO, Teraverde