Tim Rood

2.3K posts

Tim Rood banner
Tim Rood

Tim Rood

@tim_rood_

Founder and CEO of Impact Capitol, Founder and Chair of The Collingwood Group (sold), national media contributor, Former Fannie Mae executive

Washington, DC Katılım Mart 2010
592 Takip Edilen1.5K Takipçiler
Tim Rood
Tim Rood@tim_rood_·
In a recent American Banker piece on what it will take to get banks back into mortgages, Tim Rood of Impact Capital DC put it plainly: "Banks have 1,000 reasons to be in the mortgage business, but a lot has changed in the competitive environment." That's an understatement. While banks were on the sidelines, IMBs were building — "growing and vertically integrating" with "steady investments in technology, operations and customer service." The result is a far more efficient and sophisticated competitive landscape that has compressed margins industry-wide. Rood warns that even if capital requirements are eased, those compressed margins may limit how aggressively banks can return. The exit wasn't free — banks are coming back to a market that moved on without them. americanbanker.com/news/whats-it-…
English
0
1
1
163