Mortgage industry executives are on alert amid the global stock-market meltdown caused by fears that the Federal Reserve may have kept the federal funds rate too high for too long, which could bring the U.S. economy into recession.

Tensions in the bond markets have provoked a decline in mortgage rates, which is good news for originators since they could have more demand for loans. Operationally, leaders must decide when to add capacity — if they haven’t already — and how to manage the incoming volume. They will also monitor details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com