Industry Analysis & Industry Trends
The subprime crisis has affected the broader mortgage-lending sector. It has caused consolidation and a number of mortgage lenders and warehouse lenders to leave the industry. Therefore, the number of mortgage lenders has contracted as mortgage origination, mortgage securitization and funding sources have disappeared. Mortgage lenders depend on warehouse lenders to fund the closing of mortgages. Consolidation within the mortgage industry will generally affect mortgage brokers, since the remaining lenders will likely be large and prefer to deal with large mortgage brokerage firms rather than individual brokers.... purchase to read more
What is the Mortgage Brokers industry?
Companies in this industry arrange loans, especially mortgages, by bringing borrowers and lenders together on a commission or fee basis... purchase to read more