by Li-Ning Huang Senior Manager, Business Strategy, Economic and Strategic Research
During 2014, regulatory changes, the shift from a refinance to a purchase market, and the modest pace of housing growth posed challenges for the mortgage industry. Fannie Mae's Economic and Strategic Research Group surveyed senior mortgage executives in November 2014 through its quarterly Mortgage Lender Sentiment Survey™ to examine lenders' plans for their origination and servicing businesses in 2015.
Survey results show that, despite lenders' concerns about compliance and weak consumer demand, the vast majority of lenders have a positive outlook. ...Read more »