TMC Benchmark July Data: Slow Summer Continues, Government Loan Share of Apps & Closings Hit All-Time TMC Benchmark Highs
Efficiency, applications, and production declined for The Mortgage Collaborative’s national network of best-in-class mortgage lending institution members in July. This month government applications and closings were a bright spot amidst a continued wane in overall volume as we head into the heart of summer. Closed loan production (in units) decreased by 8% month-over-month for the […]