Drop in Refinance Revenue Could Challenge Independent Mortgage Bankers

April 11, 2018

Dodd-Frank Update, Apr. 10, 2018 (subscription)
MBA Vice President of Industry Analysis Marina Walsh told Dodd-Frank Update that declining refinance volume is a major reason for the drop in revenue, but she believes independent mortgage bankers are up to the challenge of finding purchase borrowers to close that gap over time.

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