Posted To: Pipeline Press

No one owns a crystal ball. It seems that the best LOs and CEOs keep up on the news and trends but focus on helping borrowers one at a time, regardless of predictions. If anyone predicted six months ago that a) the world would still find itself grappling with a pandemic, and b) urban home values would be suffering while suburban and country house prices would be escalating, I missed it. In fact, plenty of “experts” believed that delinquencies and foreclosures would immediately rise dramatically, across the country. So far quite the contrary. And in vendor-land, who thought that some of these vendors would be seeing the multiples they’re seeing by being acquired? As the “jungle drums” beat about more acquisitions (is Black Knight still on the hunt?), strategically…(read more)

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Source: Mortgage News Daily