Even as interest rates remain at near-record lows, mortgage originations declined for the second quarter in a row in Q2 2011 to $268 billion, a 19 percent decline over the previous quarter. Refinance activity that spurred originations in 2010 has not been as prevalent this year.
Listen to our recent Webinar on consumer credit trends and retail spending.
Mortgage lenders who connect with Gen Y and Z where they are will be better positioned to serve this demographic and grow their business.
Learn about the misconceptions of income and employment verifications and what lenders can do to improve their strategies.
When equipped with the right data and strategies, mortgage lenders can drive growth by identifying and engaging first-time homebuyers.