Some lenders won’t survive the purchase mortgage market of 2022
Housing Wire
APRIL 14, 2022
Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market.
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