Mortgage originations kicked off Q1 2015 with a 25% year over year increase to $315 billion. Additionally, mortgage delinquencies declined to 2.58%, the lowest delinquency level since 2007.
Gaining insight into the latest credit trends is key for mortgage lenders as they design marketing and lending strategies to take advantage of the summer home-buying season.
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.