National Mortgage Servicing Conference and Expo

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MBA Servicing: Despite recession risk, forecast for servicing looks good

Feb 27, 2019By

The MBA has raised the odds of a recession to a one-in-three chance over the next 12 months, but However, both Joel Kan and Marina Walsh stressed that the recession, if it happens, is likely to be mild. Amid all the economic data, the indicators that carry the best news for servicers are strong payroll growth and strong wage growth.  

3d rendering of a row of luxury townhouses along a street

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