Closings & New Applications Both Down 11% in November As Lenders Strategize For Winter Months
BY RICH SWERBINSKY, PRESIDENT & COO OF THE MORTGAGE COLLABORATIVE Volume (and productivity) continued to trend downward in November for the national network of lender members of The Mortgage Collaborative that submit data to TMC Benchmark. Closed loan production (in units) fell 11% during the month when compared with the month prior. New applications taken also […]