Lock and Shop, Jumbo, Non-QM, Appraisal Tools; STRATMOR Tech Study; Events and Webinars; Inflation Up, Apps Down
Sue W. writes, “After I say, ‘That’s crazy’ twice, please wrap up your story.” There are a lot of stories out there now as residential lenders tighten their belts, their payrolls, and their expenses in the face of rising rates, the worst inflation since 1981, and per loan costs of over $10,000. Hey, corporate has taken a hit, branches have taken a hit… is it time for LO comp to take one? Time will tell, but meanwhile ops staff are grappling with a number...
Source: mortgagenewsdaily.com