Here's where expert economists think housing is going

Washington is protecting buyers right out of homeownership

BPC Housing Commissioner: Give borrowers a chance to fail

2 reasons the single-family rental securitization market won’t exceed $20 billion

$1 trillion market? Not even close.
W S
The Ticker

Realtors drive mortgage industry

house2 for sale
/ Print / Reprints /
| Share More
/ Text Size+

The drivers behind the mortgage industry are not lenders but instead Realtors, who act as gatekeepers for potential purchase business for lenders. Per Forbes:

It can be said and evidence presented that the rise of the great worldwide web has eroded Realtors’ ability to refer buyers to mortgage lenders, but the traditional gatekeeper role is very much alive and well.  Almost every real estate office has an in-house lender representative on-site courting agents and buyers. Lender reps pitch Realtors at open houses, through real estate boards, at conventions, via e-mail, even good old face-to-face in person sales calls. Realtor referred purchase business is booming.

Source: Forbes
Read full story
Comments powered by Disqus