by Lloyd San | Dec 20, 2019 |
A tale of two origination stories in one year As one looks back to early 2019, any mortgage professional would acknowledge that early in the year the residential origination market slowed down more than expected: lenders were right-sizing personnel while losing money...
by Lloyd San | Jun 4, 2019 |
A year that started off with doom and gloom from a residential mortgage origination perspective may turn out better than expected and slightly better than last year, according to the latest forecasts from Fannie Mae, Freddie Mac, and the Mortgage Bankers Association...
by Lloyd San | Dec 20, 2018 |
I have always found that looking back at the previous year (in this case 2018) with the benefit of 20-20 hindsight helps us to see where we need to head in the future. We’re facing a 20+% drop in originations and low housing stock/inventories for homes for sale. Per...
by Lloyd San | Oct 31, 2018 |
The residential mortgage finance industry converged in Washington, D.C., Oct. 14-17, for the Mortgage Bankers Association Annual Convention & Expo. In contrast with last year, the good news is lenders appeared more prepared for a purchase market. The bad news is,...
by Lloyd San | May 30, 2018 |
More than 1,500 attendees congregated in New York last week for the Mortgage Bankers Association (MBA) National Secondary Market Conference, representing mortgage bankers, technology firms, mortgage insurance companies, fulfillment services, subservicers, investors...