Mortgage Trend: Early Payoffs Increasing

Louis Zitting Mar 6, 2019 4:28:15 PM

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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.

This is a good time to make sure you are monitoring all your recently funded loans for mortgage inquiry alerts so you can be notified early in the process, not when your borrowers are ordering a payoff.

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Mortgage Trend: Mortgage Inquiry Leads up 30%

Mortgage Trend: Mortgage Inquiry Leads up 30%

Louis Zitting : Mar 13, 2019 10:50:48 AM

In the past 30 days, we are seeing a significant increase in mortgage inquiry leads. Inquiry lead alerts are up 30% compared to the past 6 months...

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MB Insider Trends: Don't Let This Happen To Your Clients

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Louis Zitting : Jun 25, 2020 3:01:05 PM

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Early Payoff (EPO) Warnings

Early Payoff (EPO) Warnings

Louis Zitting : Nov 7, 2017 2:54:06 PM

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.

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