Bernice E. Middleton

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Some lenders won't survive the purchase mortgage market of 2022

Fri Apr 15 , 2022
[ad_1] The closer, the better Competition will be intense over the next 12 to 24 months, driving gain-on-sale margins down even further, Moody’s analysts wrote in March. Profitability may resemble the market in 2018, when around one-third of nonbank lenders failed to turn a profit. “Companies with above-average capitalization, strong market positions, […]

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