Further, the efficiency of LendingQB's workflow management will reduce our cost per loan and thus enable us to offer better pricing to our members," Uttal said.
What does CPL stand for?
CPL stands for Cost Per Loan (mortgage/banking)
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CPL
We have 808 other meanings of CPL in our Acronym Attic
- Conversational Programming Language
- Cooperative Processing Language
- Coralville Public Library (Coralville, IA)
- Cornerstone Propane Partners
- Corona Public Library (California)
- Corporate Price List
- Correct Path Loss
- Cost Per Lead
- Cost per Lesson (various organizations)
Samples in periodicals archive:
The good news is that the cost per loan is coming down and NPLs are very stable leading to a more profitable time for PL's.
Executing an EPA provides a clear understanding of and roadmap for how to select technology that reduces cost per loan, improves profitability, maximizes employee productivity and decreases the number of manual touch points throughout the workflow.
Generally, items of greater popularity have a shorter loan period and a higher cost per loan.