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Headwinds Confronting the Mortgage Industry in 2022
HousingWire, Dec. 17, 2021–Ravi Correa
The Mortgage Bankers Association forecasted refinancing volume will decrease by nearly $1 trillion in 2022. Such a massive drop would create high-level risk for the financials of many originators. There are many mortgage firms that have prospered in 2020 and 2021 due to ultra-low rates.
https://www.housingwire.com/articles/headwinds-confronting-the-mortgage-industry-in-2022/