Across the mortgage industry, the percentage of borrowers who start an application, but never finish it, is surprisingly low. Discover how you can change that.
From mobile and browser-based apps to sourcing of data direct from borrower accounts, frictionless commerce is a reality for B2C retail mortgage origination. But what about the business to business transactional experiences that exist across wholesale, correspondent, and servicing channels? These represent more than 50% of all mortgage lending originations and hundreds of billions in mortgage servicing rights transfers.
The coronavirus pandemic was something no local government could have anticipated. But it’s also raising serious concerns about cities’ preparedness for other difficult-to-predict challenges.
Former HUD Secretary Henry Cisneros and Regional Plan Association president Tom Wright join The Bond Buyer for a discussion on the ways life and work in American cities are being altered by the pandemic — and future challenges it illuminates.
Even before COVID-19, urban economists and planners were pointing to a trend of suburbanization of job growth. That could now accelerate, with employers at an inflection point to assess their future needs.
