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Freddie Mac Mortgage Closing Cycle Time Benchmark Study

Freddie Mac Mortgage Closing Cycle Time Benchmark Study

FromTMC Connect Podcast


Freddie Mac Mortgage Closing Cycle Time Benchmark Study

FromTMC Connect Podcast

ratings:
Length:
39 minutes
Released:
Mar 26, 2021
Format:
Podcast episode

Description

Key Takeaways:Cycle times increased slightly in 2020 due to COVID related delays & high refinance volumeTop performers close loans 63% faster, 74% faster on refi's vs. peersSince 2017, cycle times overall have been on a declining trend due to continued adoption of new technologies addressing operational efficiencies & changing market needs
Released:
Mar 26, 2021
Format:
Podcast episode

Titles in the series (100)

TMC Connect is a mortgage industry-centric, educational networking platform built around the content and topics of the most real-time relevance to The Mortgage Collaborative's lender members.