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.
www.TLOPonline.com for MORE CONTENT!
Episode 282: Retirement Accounts, Explained.
Episode 281: Answers To Your Top Questions
Episode 280: You Might Not Be Good At This
Episode 279: Understanding The Upcoming Recession
Episode 278: Turn Your Life Into a Lemonade Stand
Episode 277: Former NFL Player Turned Mortgage Professional
Episode 276: Find Sales Success By Solving Your Client’s Pain Points
Episode 275: Why Seller Credits Are Necessary For Homebuyers
Episode 274: Know Your Outs
Episode 273: How To Network Online
Episode 272: The Importance of Defining Your Ideal Client
Episode 271: How To Qualify For a Discounted Interest Rate
Episode 270: Trusting and Empowering Others
Episode 269: What The Hell Is Wrong With The Mortgage Industry?
Episode 268: Natural Disaster’s Impact On Housing
Episode 267: Sell Like A Stripper
Episode 266: Know Your Sales DNA
Episode 265: The #1 Mindset Hack You Need To Thrive In Today’s Market
Episode 264: How To Create Generational Wealth
Episode 263: How To Double Your Sales in 90 Days
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show