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.