This is a very good article to help deepen the understanding of what is happening in the mortgage industry and to mortgage companies. Over the next 9-15 months it will be a tough go for many mortgage companies. We will see some mortgage companies fail, loan originators leave the business, and operations staff be laid off. It is the boom vs bust cycle that has always existed in the mortgage industry and it is important to look for a quality and stable mortgage company if you are looking to buy a home. Gem Home Loans will be here for you through it all.
Article: Mortgage Application Volume, Tiny Increase in Purchase Activity Ends 5-Week Slump