Top lenders cut back on loan officers
It is not a secret that mortgage companies are drawing back on their loan officers, but do the layoffs progress past the biggest lenders?
Rob Chrisman covers this in his latest blog, explaining that while Chase reported some sizable layoffs, it's unknown how deep loan officer cuts will go across the entire industry.
An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]
