Tag: how can lenders manage surge in mortgage volumes


Most of the mortgage lenders are experiencing exceptionally high volumes right now. They love the fact that their hands are full, but at the same time, they still need to convert the volumes to funded loans and expand their market share. Most lenders used to handling lower mortgage volumes during the year are not operationally ready to manage this sudden surge. Joel Kan, Associate Vice President of Economic and Industry Forecasting at Mortgage Bankers Association’s recently stated that “mortgage rates continued to decline over the Labor Day holiday week, with the 30-year fixed-rate......

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