Regulatory Burden Cited as Biggest Issue for Originators
January 23, 2012
Regulatory burden will be the biggest issue for mortgage originators in 2012, according to recruiting firm Hammerhouses second annual survey of originator opinions. of the 400 active mortgage loan originators surveyed, 51 percent cited further oversight and regulation as a top concern for originators in 2012. Twenty-nine percent said that finding a committed and stable mortgage lender to work with is still one of the areas of utmost concern. Product flexibility and raising interest rates were identified as top concerns by 12 percent and 8 percent, respectively ...