FHFA & FHLB System Square Off; Moody’s to Change Rating Methodology?

September… ugh. Most latitudes in the U.S. are losing 2-3 minutes a day of daylight; in Anchorage they lose 5-6 minutes a day, Key West only about 1 minute. I mention this because we can’t change seasonal factors, and unless a lender has grabbed market share from other lenders, most areas of the nation tend to see a dollar amount drop in purchase business (and therefore overall business) in the autumn and winter months – and companies are preparing for exactly that and keeping a sharp eye on productivity and margins for LOs and staff.

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