Broker Group Singles Out Firms as ‘True Partners’ And Lenders Seen as ‘Stealing’ Broker Business
March 15, 2018
A group of mortgage brokers released a scorecard this week categorizing 30 wholesale lenders as either “true partners” of brokers, “in the middle” or so-called whole-tail competitors that are seen as taking business away from brokers with their retail outlets.
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
The 10-year Treasury rate is declining and the possibility of a recession is growing.
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