Many of the central themes and trends that shaped 2017 will play an even bigger role in the mortgage industry in 2018.
Lenders will continue to come under pressure from housing shortages and rising property prices and rates, which have dampened volumes. Servicers will continue to feel their own pain as compliance costs continue to weigh on their operations.
And when President Trump enters his second year in office, industry watchers will pay close attention to how his administration pursues a variety of goals, including deregulation, home finance reform, and the future of the Consumer Financial Protection Bureau. And November’s mid-term congressional elections will add another wrinkle next year.
From origination to maintenance and everything in between, here’s a look at what the mortgage industry can expect in 2018.
See Also: 10 Top Mortgage Stories of 2017