In a recent statement, Ishbia emphasized that brokers are flourishing thanks to reduced expenses, faster processes, and increased ease of access. He expressed optimism towards the new Trump administration, suggesting that it is likely to further benefit brokers through effective leadership appointments like the new FHFA and CFPB directors. Ishbia criticized previous administration leadership for lacking industry connection but believes the current team offers strong potential for growth and business opportunities, regardless of mortgage rate fluctuations. He noted UWM's substantial mortgage production and robust influx of loan originators into the broker channel.
Brokers have become increasingly viable due to their lower costs, increased speed, and accessibility, particularly under the current administration, according to Ishbia.
Ishbia highlights the significant potential for growth in the broker industry, citing strong leadership in the Trump administration that aligns better with industry needs.
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