With the housing boom of the last couple years over, the mortgage industry is now over half a year into the new normal of shrinking profit margins. Not only is this creating some tough conversations between executives and team members but it is also forcing everyone to take a closer look at their processes, workflows and referral network.
For those who have been around for a few housing cycles, the idea of margin compression might seem like common territory to you as you press forward. However, there’s a huge difference between past cycles and today — the technology and resources available. In this Lunch & Learn, you’ll hear about what makes this cycle different, the resources you need to be watching out for to survive and the current sentiment and responses to margin compression.
Date: January 31, 2023 from 12-1pm CT (Can’t make it? Register and we’ll send you the recording to watch on-demand!)
Meet the Panel:
Editor in Chief,
National Vice President MCL,
New American Funding
Chief Strategy Officer,
Terner Center for Housing Innovation
The Urban Institute
Nonresident Senior Fellow,
Lincoln Institute of Land Policy