BLOG VIEW: Shifting borrower employment trends could mean incremental work for mortgage lenders when they are looking to find efficiencies.
This year, mortgage lenders have contended with fluctuating markets, rising interest rates, regulatory pressures, and competition. Volatility in the market and a changing workforce have made a risky landscape even more challenging. Consumers are increasingly changing where and how they work – with many diverting away from staying with one employer for long tenures.