How mortgage companies with between 15 and 99 employees stacked up against each other.
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Those born between 1997 and 2012 will go from making up a scant 6% of today's market to a 25% share by 2028, and mortgage lenders need to be ready to serve them.
Some lenders are once again hiring mortgage lenders, but memories of the painful staffing cuts they were forced to make over the past two years remain top of mind.
The two-day intrusion into the lender and servicer's systems in August may have compromised customers' Social Security numbers.
As the majority of mortgage firms today report profits, warehouse lenders are likely encouraging the stragglers to make a move.
In October's mortgage roundup, learn more about Fairway's legal battles over redlining and overtime shortcomings, the Federal Housing Finance Agency's updates to rules on appraisals and waiver access and more.
The bureau suggested this week that states should remove the exemptions banks enjoy from data privacy laws. California is a prime candidate to act.
