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For Lenders Only: Using HMDA Data to Improve Secondary Market Sales Execution and Pricing
Mortgage banking involves originating loans in the primary market for sale in the secondary market, thereby replenishing the lender’s funds for new loans. Methods of sale can be through securitization or whole loan trades. For whole loan trades, one secondary market strategy is to sell production through third party correspondent lending programs. Selecting a desired…
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Helpful Hints About Peer Analysis
In our blog on February 13th, we discussed the importance of conducting a peer analysis to compare a lender’s performance in the context of other lenders in the same market. This is the only way a given lender’s performance can be said to be above or below expectations. When it comes to fair lending analysis…