TMC BENCHMARK MAY DATA: Production and Efficiency Up, Paired With Lower Costs For Your POS and LOS System
Numbers this month remained mostly flat for our network of lender members with a few exceptions: Closed loan units increased by 23% in May when compared to the month prior. Within that, lenders saw closed purchase loans stay the same and refinances also showed no changes in May. Refinances stayed at 9% of all closings in May. Here’s the refinance share we’ve seen in TMC Benchmark through 2022 and […]