Dec 13, 2022
As we draw to a close in 2021, it is time to plan ahead for 2022. Mortgage Banker’s Association is projecting significant growth in purchase
As we draw to a close in 2021, it is time to plan ahead for 2022. Mortgage Banker’s Association is projecting significant growth in purchase volumes, while refinance is expected to see a significant decline through 2022. If lenders want to benefit from these purchase volumes, they should be able to convert these volumes to funded loans. Low closure ratios will only affect them adversely, as this will keep adding to their fixed costs. Click here to read full blog...