The resounding message at the Mortgage Bankers Association (MBA) Secondary Marketing Conference echoed what we heard loud and clear at this spring’s MBA Tech Conference: Lenders are feeling the market change – and it’s impacting their businesses.
With loan volumes now falling, some of the inefficiencies that were masked by heavy workloads are being revealed as time and money wasters. They are making it harder for lenders to operate profitability, which is a problem.