New Entrants in the Mortgage Industry and Their Winning Strategies: Jan. 16

In recent years, the mortgage lending landscape has faced significant challenges, with traditional lenders grappling with rising rates and shifting market demands. However, amidst this turbulence, new entrants, including Wall Street firms and others are looking to enter the mortgage product space and redefine the market by exploring unconventional approaches and products.

Quote of the Day

“It’s been a really big couple of years for genAI broadly, and in the mortgage industry specifically.”
–Tela Mathias, Chief Operating Officer with PhoenixTeam