4 Tips for Better Communication with Your Sales Team

    There are many requirements for great mortgage banking leaders, but one of the most important is exceptional communication skills. In a recent Harvard Business Review article, author Carmine Gallo recommends four strategies to boost your communication with your sales team.

Estimated reading time: 0 minutes, 33 seconds

Fannie Mae Trims Mortgage Originations Forecasts

Fannie Mae announced it expects further slowing in housing as the economy heads for a modest recession in 2023, and it has cut its projections for the mortgage industry accordingly.

Fannie Mae2 300x165Fannie now predicts that 2022 mortgage originations will be $2.44 trillion, down from a previous forecast of $2.47 trillion, while 2023 mortgage originations will be $2.17 trillion, down from a previous forecast of $2.29 trillion.

"We now expect purchase volumes to fall about 1.5 percent in 2023 to just under $1.7 trillion, a downward revision of $17 billion from last month’s forecast, driven by downward revisions to our forecast for home sales," the mortgage finance giant’s Economic & Strategic Research Group wrote.

Read the full announcement from Fannie Mae.

Read 330 times
Rate this item
(0 votes)


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.