Consumers Rate the Post-Boom Industry

Park, Rodger
January 2005
Mortgage Banking;Jan2005, Vol. 65 Issue 4, p36
The article reports that the refinancing boom continues to wind down, bringing overall origination volumes with it in the U.S. mortgage industry. New products and go-to-market strategies have proliferated as lenders compete harder than ever for their share of a shrinking pie. New technologies continue to drive the evolution of the mortgage lending process toward the ultimate goal of the end-to-end eMortgage. And many of the hot topics that ushered in the year, most notably proposed Real Estate Settlement Procedures Act (RESPA) reforms, faded from view, although many expect RESPA to re-emerge as an agenda item in 2005.


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