As the U.S. economy reopens after a world-changing pandemic, several key factors will impact getting back to a “normal” mortgage environment. Inflation is one of the most critical factors challenging the ongoing recovery. Inflation is usually addressed by raising interest rates, compounding the recovery process. The result is lower mortgage volume, and the ever-present fear of falling into a recession. Coupled with historically high home values and record low inventory, independent mortgage brokers are facing an incredibly difficult and unknown future.
Independent mortgage brokers need organizations that can help them navigate these challenges and provide them with several ways to improve their bottom line, from low-cost operational solutions to forward-looking technology that helps improve business and productivity. U.S. mortgage brokers must transform their operations to address these issues while nurturing growth.
This white paper will outline what mortgage brokers need to not only compete in today’s market conditions but to thrive well into the future.
Publisher: Calyx
Date: August 2022
