Remove 2025 Remove Clients Remove Contracts Remove Lending
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Mortgage lenders facing a dark, cold winter

Housing Wire

I was speaking to someone the other day who said, ‘If you’re in this business [mortgage lending], I can’t see a downside to a recession.’” These are the folks who are buying right now, and I you know because some of them are my clients.” We could be down to 60,000 to 70,000 originators by 2025.”

Mortgage 431
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Many mortgage lenders are like frogs in a slow boil

Housing Wire

The pace of M&A deals in the IMB market in 2022 and projected for 2023 combined is expected to be more than double the mark set during the unicorn lending years of 2020 and 2021, according to one recent industry analysis. So, what people are now talking about is mid-2024 or maybe 2025 will be a killer [renewed boom].”

Mortgage 365
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DataDigest: Goldilocks and the big IMBs

Housing Wire

The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. Its in-house servicing is helping extend the client life cycle, something that bigger players have used to great effect with refis. But servicing performance has been exceptional.

Retail 321
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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

The transformation is required at the end of 2026 with testing beginning late 2025. Private Money Lending – fast turn times, high fees. With non-lender appraisals you choose your clients, turn times, fees, scope of work, words you use, etc. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.64

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Too many appraisers?

Appraisal Today

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. The Inevitable Cyclicality of Mortgage Lending. Communicating with non-lender clients: Very, very different than lenders. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.30