We expect fourth quarter expenses to be stable to up 1% compared to the third quarter, reflecting continued growth in technology investments, servicing expenses associated with the Ginnie Mae loan purchases, and continued marketing support related to our rollout of momentum, offset by disciplined expense management throughout the company and initial savings beginning from our process automation program.

Oct 19, 2021 / CFO / receipt, needs a key / Jamie Leonard, CFO | earnings call 2021-10-19 | transcript d4d3a079-8610-4e78-bbf3-1a0ec87738dd | chars 18856-19262 | segment 19

Adjusted expenses were flat sequentially as an increase in marketing expense associated with momentum banking and increased T&E expense were offset by a decrease in compensation and benefits expense.

Oct 19, 2021 / CFO / receipt, needs a key / Jamie Leonard, CFO | earnings call 2021-10-19 | transcript d4d3a079-8610-4e78-bbf3-1a0ec87738dd | chars 10669-10868 | segment 10