Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Broker channel to see dramatic rise

Notify me of new replies via email
Mortgage Professional America | 15 Jul 2013, 06:00 AM Agree 0
The wholesale market is due for a significant increase in the near future, an industry executive has said
  • Marvin Von Renchler | | 15 Jul 2013, 10:22 AM Agree 0
    Optimistic time frame. We are still in mid crisis with more to come. Rates will rise and stop refi. The banks are in bed with politicians who wont let the system fail. Requirements for going banker will continue to rise and more mom/pop shops will close, probably all will end.
  • leo gluck | | 15 Jul 2013, 04:17 PM Agree 0
    Marvin, you are right on. as rates move up... and they will...most consumer mortgages will end up with a few large banks . the Secondary market ( FNMA/ Freddy/ FHA) will be closed by politicians and controlled by Wall Street and Banks. Banks want the consumer market so they can sell them other bank products.
Post a reply