Edition 6

Welcome back to Mortgage News Navigator, your monthly download of snackable mortgage news and insights.

From the implications of the NAR settlement to an uptick in home insurance premiums and more, there are many discussions happening across the industry right now. Here we’re highlighting top news and useful resources to help you make more informed, data-driven decisions.

Which brokerages will thrive in a post-NAR settlement world?

The terms of NAR’s settlement agreement will certainly impact the industry, but opinions are mixed on exactly how and to what extent. Will fewer real estate agents significantly impact all realtors and brokerages? Will success come down to differentiation and the ability to communicate value prop? Here’s what analysts and industry experts predict for a post-NAR settlement world >>

The top 10 companies in loan officer hiring

In a recent poll of Modex followers, 39% of respondents predicted that New American Funding hired the most loan officers over the past month. Were they correct? Find out which company brought on 298 LOs and who else made our top 10 list >>

Home insurance costs are on the rise. Here’s what loan officers need to know

Home insurance premiums rose nearly 19% in 2023, and the continued increase in rates over recent years has become a significant concern for homeowners and the housing market alike. Get specific insights and loan officer tips so you can understand the implications of this trend and mitigate its impact for your clients >>

Fannie Mae no longer expects mortgage rates to drop below 6%

“Hotter-than-expected inflation data and strong payroll numbers are likely to apply more upward pressure to mortgage rates this year than we’d previously forecast, as markets continue to evolve their expectations of future monetary policy,” says Fannie Mae Chief Economist Doug Duncan . This is what economists are saying >>

Your production at a glance

Thousands of loan officers are finding out how they rank against peers and getting metrics on their production volume, monthly average, average loan size, loan and transaction types, and more. Claim your free profile to see your performance snapshot now >>

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