Broker, LOS, Warehouse Products; Nationwide Events and Free Training

Posted To: Pipeline Press

Sen. Patrick Moynihan once said, “Everyone is entitled to their own opinions, but not their own facts.” In a question guaranteed to generate opinions, there is, “Rob, do you ever think that the mortgage industry will be like the gasoline business, dominated by a very few huge companies?” No, I don’t think so. The cost and barriers to entry are too low. I very much doubt that a few lenders will ever dominate the mortgage origination sector. Looking back over a few decades concentration among the top 30 lenders has been very fluid. The top 30 lenders had a 92% market share in 2008, but that has dropped to 57% in 2018. Over the last ten years, 23 of those top 30 lenders are newly in this elite group which means that only seven have been able to sustain their leadership…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Broker, LOS, Warehouse Products; Nationwide Events and Free Training
Broker, LOS, Warehouse Products; Nationwide Events and Free Training

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *