The biggest nonbank mortgage lenders in America saw improved performance in both origination and servicing segments in the second quarter, capitalizing on the continued mortgage pullback from banks. As we’ve reported, that trend looks sticky, which could help change the fortunes of top independent mortgage banks sooner than expected.
In this week’s edition of DataDigest, we look at the landscape for top mortgage lenders, their strategies and when the real opportunities might begin.
Let’s start off by acknowledging that the mortgage industry still faces big headwinds even if we’re past the bottom of the cycle. Overall lock volumes details ⇒
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