As mortgage lenders move on from an unprecedented year, many are asking “what’s next?” Aaron King, Snapdocs Founder & CEO, and Michael Fratantoni, MBA’s Chief Economist, sat down to discuss these questions and the future of the industry.
Watch on-demand as Fratantoni’s breaks down the market trends and discusses what these trends mean with King.
What you’ll learn
- What to expect in 2021 as the market shifts from record-breaking volume in 2020 and interest rates begin rising
- The pace of home pricing and the rising cost of new builds
- The details behind the improving job market, increasing loan origination costs, and the decreasing forbearance rate
- Why technology’s role is growing in the mortgage industry and how automation is improving and optimizing the post-closing process
Watch the webinar replay above and view the slide deck.
Aaron King | Founder & CEO, Snapdocs
Aaron King is a 20-year veteran of the real estate industry. He worked at a mortgage company while in high school, and after obtaining his notary license at the age of 18, he went on to start a nationwide notary signing service at 21. Recognizing an opportunity to make closings better for all participants, Aaron set out to build a platform that truly addresses the underlying problems that have held the industry back for so long. In 2013, he founded Snapdocs. Powering millions of closings a year, Snapdocs has a proven track record of creating a single, scalable process for every type of closing. Thus, enabling lenders and settlement to close more loans faster and at lower costs, while providing a better experience for their borrowers.
Michael Fratantoni | Chief Economist, Mortgage Bankers Association
Michael Fratantoni is MBA’s Chief Economist and Senior Vice President of Research and Industry Technology. In this role, he is responsible for overseeing MBA’s industry surveys and benchmarking studies, economic and mortgage originations forecasts, industry technology efforts, and policy development research for both single-family and commercial/multifamily markets.
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