Mortgage Banks

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August 31, 2024 3 min read Definitions

Operational Focus: Specialization in Business Functions

Finance Banking Operational Focus Mortgage Banks Savings and Loans Financial Services Business Strategy

Operational focus refers to the specific activities and processes that an organization prioritizes to achieve its business goals. For mortgage banks, this involves solely focusing on originating and servicing mortgage loans, while savings and loans associations (S&Ls) provide a broader range of services, including deposit accounts and other financial products.