The Mortgage Bankers Association (MBA) kicked off its 2023
annual conference with a general session filled with insightful analysis and
projections about what lies ahead for the U.S. economy and the mortgage
industry from three of MBA’s top subject matter experts. Although the overall
outlook for the coming year is not stellar, the speakers indicated it is not
all doom and gloom either.
The session began with an economic analysis from Mike
Fratantoni, MBA chief economist and senior vice president of research and
industry technology, followed by a mortgage industry outlook courtesy of Joel
Kan, MBA deputy chief economist and senior vice president, and then Marina
Walsh, MBA vice president of industry analysis, who broke down what it all
means.