Smaller IMBs are better placed to weather challenges than larger ones, CHLA claims
Housing Wire
OCTOBER 19, 2022
The Mortgage Bankers Association (MBA) forecasts that if the mortgage industry experiences a 65% drop in origination volume between the fourth quarter of 2020 and the first quarter of 2023, production employment will likely need to be scaled back by 24 to 31%. Department of Housing and Urban Development (HUD).
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