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04
Friday
April 2025
13 min read

Apr. 4: LO jobs, industry vet moves; subservicer, non-Agency products; trigger leads, HECM, FHA news; slow economy = low rates

Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued consolidation into the large non-banks, are you hearing any rumbling about the level of risk building in these less regulated and less capital-intensive entities? If we are likely to face a recession, with rising delinquencies but rising refinances due to lower rates, are we ready for that as an industry?

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