The storm that presented itself in 2022 will push through by mid-year 2023. However, there’s still more damage to be inflicted. Currently, in the mortgage secondary markets, there’s a high probability of mortgage servicing rights (MSRs) flooding the market.
When this happens, there will be a gluttony of supply with only a limited amount of demand. On the surface level, this will make the pricing on Newley originated home loans less attractive.
More concerning is how this dumping of MSRs will impact certain mortgage banks balance sheets. Could this be what drives many more out of business or forces them to merge? Only time will tell, the odds are against a good number of mortgage companies.
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Episode 362: Who Is The CFPB and What Are They Doing To Mortgage Lenders?
Episode 361: The Truth About Working In The Mortgage Industry
Episode 360: What It Means to Be a Modern Mortgage Professional
Episode 359: How To Increase Sales With Emotional Selling
Episode 358: Why “The Great Reset” Is Your Second Chance
Episode 357: An Interview with Dave Savage: Co-Founder of Mortgage Coach
Episode 356: How to Use Personality Profiling To Sell
Episode 355: Secrets To Launching Your Own Mortgage Brokerage
Episode 354: How To Become A Top Producing Mortgage Broker
Episode 353: How Recent Banking Disruptions Will Impact Housing
Episode 352: Understanding Home Equity
Episode 351: Mastering Your First Home Purchase: Essential Tips and Expert Advice for First-Time Homebuyers
Episode 350: Unlocking Success: Break Free From Self-Sabotage And Boost Sales With A Positive Mindset
Episode 349: Overcoming The Fears of Being New
Episode 348: Should I Hire A Coach?
Episode 347: What’s Holding You Back?
Episode 346: Mid-Year Review
Episode 345: Do Lenders Pay Realtors for Referrals?
Episode 344: Don’t Go There
Episode 343: Become a Financial Fitness Coach
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