TMC Lender Members Post Record Clear-To-Close Times In December Amidst Fall-Off In New Applications
BY RICH SWERBINSKY, PRESIDENT & COO OF THE MORTGAGE COLLABORATIVE​Fueled by a spike up in interest rates that choked off refinance business, the national network of lender members of The Mortgage Collaborative that submit data to TMC Benchmark saw new applications written in December fall off by 18.5% from the month prior, foreshadowing what’s likely […]