Mortgage Industry Strategic Data Analytics

Mortgage Industry Strategic Data Analytics

The wealth of information available on mortgage lending in today’s market provides a remarkable opportunity for data-driven strategic planning and decision-making for independent lenders – if they have the ability to see through the noise. With decades of experience in the industry, our mortgage experts are able to do just that: sort through the flood of data to identify only those key points that are most useful in helping you run your business and staying competitive.

Loan Origination Trends

The reporting & compliance requirements on today’s lenders may be a weighty administrative burden, but data collection tied to compliance can also provide great insight into the industry and its trends. On a quarterly basis, the Nationwide Mortgage Licensing System (NMLS) releases the raw origination data by product and purpose on a state level, free of charge to the public. The mortgage specialists at Richey May summarize this raw data, providing the resulting report at no cost to our valued clients and friends in the industry.

To better understand the trends in your state, and how your business compares with other independents in your market, visit our dashboard below. Our interactive, dynamic reporting tool is easily adjusted to show data relevant to your needs and to answer your specific questions.

Return to visit this graph each quarter for the latest interactive data.

MBA Mortgage Finance Forecast

Every month, the Mortgage Bankers Association (MBA) publishes a Mortgage Finance Forecast, its mortgage originations forecast and the estimates of major housing market indicators such as housing starts, home sales, home prices and mortgage rates. This current economic data allows lenders to make important business decisions today, while past and forecasted data provide insight into trends and changes in the industry and a tool for budgeting and forecasting performance for upcoming quarters and years.

 

The MBA has allowed Richey May to host this monthly forecast here on our own site, giving you direct access to another great tool to help you make strategic business decisions. For more information on the MBA’s Mortgage Finance Forecast, please visit the Forecasts and Commentary section of the MBA website.

 

To speak to one of our experts about how these powerful data analytics tools can benefit your business, please fill out the form and we will contact you shortly.