Staying ahead: How to get on top of unintentional discrimination and serve the low-to-moderate income community without taking on more risk.
Mortgage Trend: Early Payoffs Increasing
We are seeing a significant increase in Early Payoff (EPO) related activity in our data. Mortgage credit inquires on recently funded loans (1-12 months) have increased by 65% compared to 6 months ago.
Early Payoff (EPO) Warnings
The title of this article should spark your interest! You have likely felt the burn of an EPO … and the penalty fees they can impose.