To do so, they’ll need to fill their plates with more than just leftovers. Lockton is a global leader in providing customized insurance programs, risk management guidance, and employee benefits consulting in both the mortgage industry and banking.)īy now, everyone’s had their fill of turkey and dressing, and mortgage advisors who took time off for the holidays are now turning their attention to closing the year on a high note. available here and this week’s podcast is sponsored by Mike Smith at Lockton. counties will be subject to the new baseline limit of $647,200, nearly 100 counties will have conforming loan limits approaching $1 million. The conforming loan limit will rise in all but four U.S. It’s a jump of nearly $100,000 from 2021 and a leapfrog over what some investors and MI companies have been marketing for nearly three months. There’s no forecasting or estimating 2022’s conforming loan limits… they’re a sure thing! Fannie and Freddie officially set the level at $647,2, per the Federal Housing Finance Agency. Of immediate concern are year-end closings: this is the day of the year when a 30-day rate lock doesn’t quite match its name, given the upcoming holidays. Lenders are focused on December, and 2022, and along those lines the MBA’s Chief Economist Mike Fratantoni will be presenting a forecast today for next year. Mortgage Backed Bonds and Securitization.

Leapfrog connect for mac