The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. Companies still grapple with cyclical hiring and firing, and the anticipated return on investment (ROI) from technology implementations still needs to…
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The most challenging period for the mortgage industry appears to be in the rearview mirror, as the Mortgage Bankers Association (MBA) forecasts $2.3 trillion in origination volume for 2025—representing a robust 28.5% growth over 2024. “We are in a much better place now than a year ago. Let’s keep that in mind when we look…
The positive trend lines that saw nearly 80% of mortgage lenders turn a profit in the second quarter likely continued through the third quarter, according to Marina Walsh, the Mortgage Bankers Association‘s vice president of industry analysis. Though the survey on industry performance report for the third quarter has not yet been published, Walsh told…
A spate of recent lawsuits makes it clear the NAR’s legal woes are far from over. Where do they (and you) go from here?