A&D Market Digest for Week of 7/10/23

Are you ready to take your mortgage business to new heights? We have some exciting news for you! In the latest episode of A&D Digest, we delve into the world of mortgage lending and capital markets, bringing you valuable insights and powerful tools to help you thrive.

Join us as we sit down with industry experts Alex Suslov and Michael Pearson from A&D Mortgage, who share their expertise on popular loan programs, new developments, and the competitive advantages of working with A&D Mortgage as a preferred lender for Conventional loans.

Among the highlights from this episode:

• A&D Mortgage has seen significant growth in conventional lending thanks to improvements in processes and technology, and their positioning in the market.
• The company has an internal pricing engine, fast underwriting, and streamlined processes for switching products to better serve borrowers.
• Customer service and communication are a priority, and the company invests in training for all team members.
• The mortgage industry is evolving quickly, and companies must stay on top of changes in regulations and market trends to remain competitive.

Market News

• NMN — Fannie Mae sees tightening ahead but leaves housing forecast unchanged
  Elevated interest rates are also likely to remain in the picture for some time, researchers from the government-sponsored enterprise said. Still, despite little chance of mortgage-rate relief this year, Fannie Mae left its home sales forecast unchanged from what it predicted in May.
• DSNEWS — HPSI Remains Low as Limited Supply, Affordability Constraints Persist
  While homebuyer confidence has continually fluctuated due to evolving economic conditions, the Fannie Mae Home Purchase Sentiment Index (HPSI) remained mostly flat in June, increasing by only 0.4 points to 66.0, as difficult supply and affordability conditions continue to weigh on the housing market.