Scotsman Guide Magazine

Prepurchase automation helps lenders stay ready for growth

Increased activity makes efficient document review a powerful, real-world benefit for correspondent lending operations

By Gregg Lehman

With mortgage activity poised for growth, lenders should fortify their operations to handle the anticipated volume increase with efficiency, speed and accuracy.
Mortgage rates have remained in the low- to mid-6% range through early 2026, well below the highs seen in late 2023 but far from the pandemic-era lows that fueled historic origination volume. Most forecasters expect rates to remain above 6% over the next few years. 
Combined with stabilizing home prices and growing inventory, these conditions should support meaningful growth in mortgage volume — offering even more reason for correspondent lenders to ensure they have locked-down processes in place.
Concerning headwinds
Despite these encouraging indicators, warning signs are also on t...

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