Definition Inventory Loan Officers Sellers 
Housing Wire
APRIL 26, 2023
Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Strategies to differentiate themselves include buying leads, providing niche loans and getting on builders’ preferred lender list.
Housing Wire
JANUARY 31, 2023
Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.
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Housing Wire
DECEMBER 28, 2023
In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.
Housing Wire
DECEMBER 29, 2023
“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.
Housing Wire
MARCH 15, 2024
Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. That’s a problem because mortgage LOs traditionally have not “forged as deep of inroads” with sellers’ agents.
Housing Wire
DECEMBER 11, 2023
We are definitely seeing an uptick in demand. Loan originators are hopeful that mortgage rates will continue to decline as the spread between the 30-year fixed mortgage rates and the 10-year Treasury yield narrows. I don’t think things will pick up dramatically because there is still no inventory.
Housing Wire
FEBRUARY 10, 2023
Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. Literally, we’re right back to being a seller’s market again.” The suburbs had a significant lack of inventory, and even the urban areas, there just wasn’t a lot of deals going on.
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