According to the MBA, 2Q 2015 brought $225 billion in new purchase originations – the highest level we’ve seen since Q4 2007. Stories of mortgage firms beating their own 2015 projections are rampant industry-wide. And it’s very possible interest rates will stay low – and consumer demand steady – well into 2016.
How can you take advantage of healthy volume to expand and grow your mortgage lending business? You’re probably considering the onboarding of new branches as a means of quickly capitalizing on current demand. This isn’t for the faint of heart or for every firm and to be successful, firms need to be able to run multiple scenarios, look at every possible angle, and look at the ripple effects of adding branches firm wide. Read the whole story to learn more.
Publisher: Alight, Inc.
Date: October 2015
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