Angel Oak Mortgage Plans IPO According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go…

Estimated reading time: 0 minutes, 26 seconds

Mortgage Lenders Brace for Cooling Demand: WSJ

With interest rates expected to rise, mortgage lenders are readying for a drop in demand in the months ahead. So reports The Wall Street Journal.

arrow 24112 640 smallA projected decrease in mortgage volume has prompted lenders to compete on price, further pressuring their profit margins and setting off alarm bells for investors in mortgage businesses that went public amid as lending boomed.

Origination volume this year is forecast to slide by 14.2% to $3.3 trillion, which would still be a historically high level.

Read the full article from The Wall Street Journal.

Read 304 times
Rate this item
(0 votes)


click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.