Seize the opportunity of newfound downtime

The mortgage industry has changed immensely in the past 12 months. As business has slowed down, many originators are faced with a sudden wealth of free time. After two straight years of constant hustle, it’s a strange and possibly scary change of pace. Mortgage experts predict the current high-rate market will roll over into 2023. […]

Foreclosures could spike if dire predictions come true

Two converging trends could drive foreclosures in 2023. The first is a growing backlog of pandemic-era distressed properties that are no longer mitigated by foreclosure-protection laws, while the second is the growing risk of a housing and economic downturn that pushes more homeowners into distress. The COVID-19 pandemic did not trigger a massive surge of […]