Home sales going down; foreclosures going up. Sounds like a bad airplane flight, doesn’t it? Pretty bumpy going. But, this all leads to two key questions, says MarketWatch’s “Real Estate Weekly.”– For mortgage lenders, how much risk should they take on? For buyers, how far should they reasonably stretch their economic resources in order to [...]
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Mortgage Brokers Getting All Time Low Of Origination Market Share
by Rob K. Blake | December 27, 2008National Mortgage News reported last week in a survey recently completed, mortgage brokers are now only receiving 18.9% of the orignation Q3 market place. This paltry percentage of originations is an all-time low figure. Mortgage broker market share reached almost 80% just a few short years ago.
Mortgage Broker Demise Premature
The report hypothesized the [...]