Mortgage Rates Hit 2 Week Lows
Just because something is interesting doesn’t mean it’s important. The demand for mortgages hit a 22-year low, which is both. And here’s an observation that is both: Sometimes “Wall Street” types think they’re the smartest guys in the room but not always, and thank you to Guy S. for sending along this story about how BlackRock recently lost $1.7 trillion of its clients’ money . No one has a crystal ball to predict the future with certainty. Lenders everywhere do doing what they can now to make themselves more efficient, fearing rougher times ahead in 2022. They are looking at cross-training skillsets: Prioritizing coverage and making sure to cross-train so people can play to their strengths. Analyzing what tasks they're doing, and the best people to do it. Workflow? Lenders are minim
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