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 302: How To Buy Homes For Your College Kids and Adult Dependents
Episode 301: What Are Loan-Level Pricing Adjustments (LLPAs)?
Episode 300: Making Millions In The First 5 Years As a Mortgage Loan Originator
Episode 299: Be Boring. Become Successful!
Episode 298: Career Advice, Podcasting and Team Building w/ Ian MacDonald
Episode 297: Real Life Coaching For Sales Professionals
Episode 296: How To Cut Your Student Loans In Half
Episode 295: How to Break Into The Mortgage Industry
Episode 294: Housing and Mortgage Interest Rate Predictions
Episode 293: Interest Rate Discounts For Homebuyers
Episode 292: Sales Scripts to Increase Lead Conversion
Episode 291: Turning Attorneys Into Referral Sources
Episode 290: How To Turn One Client Into Three
Episode 289: A Guide To Home Buying
Episode 288: Life Hacks, Rules of Thumb and Quick Math
Episode 287: Will 2023 Be A Good Year For Real Estate and Mortgage?
Episode 286: How To Business Plan
Episode 285: You Can Have It All!
Episode 284: Do This First To Scale Your Business
Episode 283: Preparing for the End…Of the Year
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