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.

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.

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

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

Interested in seeing where the hot spots are in mortgage originations? Here are some interesting stats that we are seeing in the data right now.

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MB Insider Trends: May 4th - 50% More First Time Homebuyers

William LeBaron : May 5, 2020 9:40:26 AM

Interested in seeing where the hot spots are in mortgage originations? Here are some interesting stats that we are seeing in the data right now.

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