Ten(ish) Performance Ratios Every Mortgage Banker Must Know
Date:Tuesday, February 27th, 2018
Time: 2:00-3:30 PM EST
The top performers in the mortgage banking industry have certain common characteristics, but they’re not the ones that you might suspect (purchase vs. refinance, retail vs. wholesale, Government vs. conforming). Instead, they measure their performance. Mortgage bankers should be measuring dozens of functions in their businesses, but CEOs, CFOs, and senior managers should all know the key ratios for their companies at all times. Garrett, McAuley & Co. has developed a set of ten key ratios that every senior management team should use as a diagnostic tool for their company. And we’ve added ten more ratios that you should also consider.
If your company is an average or weak performer (or if you don’t know this), this webinar will help you figure out why you’re not more profitable. Even if your company is a top performer, this webinar will help you spot the early warning signs of serious trouble ahead. And we’re not going to just offer you a bunch of ratios. Instead, we’re going to tell you how to develop an action plan and how to organize your management team to implement the plan.
- The ten key ratios that every CEO and other senior manager should know about their company (and ten more ratios that we recommend) and how to calculate them.
- Why each of these ratios is critical if you want to improve profitability or reduce risk.
- How to customize this diagnostic tool to apply directly to your business, no matter which business model you use.
- How to organize your management team to use these ratios as a diagnostic tool and how to develop an action plan to improve your business.
- Michael D. McAuley, Principal, Garrett, McAuley & Co.
- Joe Garrett, Principal, Garrett, McAuley & Co.
Who Should Attend?
- CEOs of private mortgage companies and banks with mortgage divisions
- CFOs of mortgage companies and bank mortgage divisions
- Mortgage company managers for production, secondary marketing, and operations
- Senior managers and Board members for publicly traded mortgage companies
- Warehouse lenders - private equity firms and others who provide funding to mortgage bankers
- Analysts who follow the publicly traded mortgage companies and banks with large mortgage banking businesses
- Private equity firms that invest in the mortgage banking or mortgage servicing sectors