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Mat Ishbia talks the ‘loser mentality,’ the controversial ‘ultimatum’ and the years ahead

Housing Wire

Meanwhile, 2025 and 2026 will be off the charts. What does Ishbia think about surging mortgage rates , lack of housing inventory and monetary and policy pressures ? ” Ishbia says that the wholesale channel should reach 33% market share by 2026, compared to the current level of 22%. And 2025 and 2026 will be off the charts.

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6% mortgage rates are back (for select borrowers)

Housing Wire

Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026. For 2024, roughly 75% of origination volume is expected to come from purchase loans. And for originations business to pick up, a stability of low rates as well as a supply in inventory would have to work in tandem. “I

Mortgage 482
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DataDigest: Goldilocks and the big IMBs

Housing Wire

Meanwhile, executives at UWM’s biggest rival, Rocket Mortgage, told analysts that its local loan officer recruiting initiative doesn’t represent a mortgage strategy change. His prediction is that 2025 and 2026 “will be off the charts.” No one comes close to matching its cost management.

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