Posted To: Pipeline Press

We never see the headline, “Psychic Wins Lottery!” No one has a crystal ball, but originators often ask their capital markets staff about the direction of rates, whether it is, “Should I lock today?” or “Why can’t we guarantee a builder a rate nine months from now?” I bring this up because plenty of lenders around the nation are planning for 2020. On the table are expanding or shrinking, adding or consolidating branches, hiring or firing, rolling out new products, creating strategic co-branding. Some of that is based on residential forecasts from the I bring this up because plenty of lenders around the nation are planning for 2020. On the table are expanding or shrinking, adding or consolidating branches, hiring or firing, rolling out new products, creating strategic…(read more)

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Source: Mortgage News Daily