Mortgage Monitor:
October 2019 Data
Servicer Retention Rates Fall in Q3 2019 Despite Refinance Volumes Hitting Highest Point in Nearly Three Years
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With #refinancing at its highest level in nearly three years thanks to lower interest rates, @USATODAY's @JessicaMenton uses data from Black Knight's #MortgageMonitor to help homeowners decide if refinancing their #mortgage is right for them. http://ow.ly/m8xW50xzx2K
.@HousingWire's @falconjulia22 reports on the #MortgageMonitor's #servicer retention data, which shows that just 22% of borrowers stayed with their servicer post-refinance in Q3 2019. https://www.housingwire.com/articles/black-knight-servicer-retention-rates-are-falling-as-refinances-are-rising/?jwsource=cl