From the Source: Readying Mortgage Servicers For Rate Cuts
Global tensions have increased speculation about possible Federal Reserve rate cuts as early as their next FOMC meeting July 29-30. Mortgage pros told HousingWire how this might play out, and here’s what our CEO Geno Paluso told HousingWire about rate cut impacts for mortgage servicers:
Speculation about July Fed cuts has increased as world events grab headlines, and if potential July Fed cuts lead to lower mortgage rates, the mortgage servicers who are most proactive with customer engagement will achieve the highest retention rates. Our job at Sagent is to help servicers keep their customers informed about these market opportunities.
Sagent leadership is comprised of visionaries who get the details about constantly changing mortgage markets, regulations, and homeowner needs.
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