Aug. 14: Mortgage jobs; Western Sky lawsuit; Europe’s economy improving; issue with Freddie increasing market share; rate locks continue down
Per the recent post regarding the STRATMOR Group’s mid-year survey, over 50 lenders have responded to the STRATMOR Survey on what actions lenders are taking in response to the changing market. Based on early feedback, 30-40% of the lenders are cutting back office staff in the 3Q and another 25% have undertaken staff re-assignments. How…