Mortgage industry participants may disagree a great deal on several different topics. However, I expect that you would find no argument with the following statement: Mortgage lending is a highly competitive business.
While the scope of the market, which totaled roughly $4 trillion in volume each of the past two years, might suggest abundant opportunities, loan officers and companies need to stay on their toes to survive, let alone thrive in this environment.
Make no mistake: the mortgage market has become more competitive.
There are multiple different ways to measure the level of competition within an industry. First, simply look at details ⇒
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