MCT Webinar – The Power of Effective Cost Management in a Rapidly Contracting Market… How to Win.

This webinar from September 22nd has concluded. Please view the recording and slide deck below. 

Doug Duncan, Chief Economist of Fannie Mae notes that cost-cutting and talent management are lenders’ top priorities right now, for the first time in over 5 years.  Teraverde’s Jim Deitch will join MCT’s Tom Farmer with three innovative strategies for cost control and to simultaneously manage talent productivity.

Don’t give back hard earned profits from 2020 and 2021.  Learn how to maximize productivity and quickly size your company to the available revenue in today’s tough market… and to rapidly adjust to constantly changing market conditions.

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About the Webinar:
In this webinar, Teraverde's Jim Deitch joins MCT's Tom Farmer to discuss optimizing operations in a challenging market.

Topic include:

  • MBA 2Q2022 market highlights
  • Breakdown of costs to originate a loan
  • Review of a “profit driven” approach
  • Improving profitability and efficiency within your business

View the recording below or download the slide deck.

About the Webinar Presenters:

Jim Deitch,CEO, Teraverde

James M. Deitch is described as a serial entrepreneur, having founded over a dozen successful businesses. Most recently, he co-founded Teraverde to serve the financial services industry. He serves as Chairman, President and CEO of the Teraverde group of companies. He invests in early stage FinTechs.

Jim is also author of three #1 Best Selling Amazon New Releases: “Digitally Transforming the Mortgage Banking Industry", “Strategically Transforming the Mortgage Banking Industry” and “Disruptive Fintech”, released in 2018, 2019 and 2020 respectively.

Jim Deitch, CEO, Teraverde

Thomas P. Farmer, Chief Investment & Corporate Development Officer, MCT

Mr. Farmer is a multi-industry entrepreneur and executive with high profile successes in technology and banking. His early work in marketing innovative neural networking technologies helped form the foundation for the FICO scoring system. In 1994, Mr. Farmer cofounded PrairieComm, an internationally-acclaimed semiconductor manufacturer. During the subsequent ten years, he served in various executive roles shaping the company’s global presence. PrairieComm was acquired by Freescale in 2004 prior to the $17.6B privatization by Blackstone Group. Mr. Farmer joined MCT in 2007 in an executive sales and business development role.

Thomas P. Farmer, Chief Investment & Corporate Development Officer, MCT

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