It's now the flagship news site of the fledgling new MyWiz family of news sites. Mortgage News quietly launched today with little fanfare, but that doesn't mean that big things aren't expected for the newest news source in the mortgage industry. The site will provide an opportunity for industry experts to share their expertise with the public, and the timing couldn't be better.
Mortgage lending has become a very tough field to survive in, of late. With the fallout from subprime mortgage lending policies throttling much of the lending industry, mortgage sales aren't nearly as easy to come by these days for lenders as they were just two years ago. Lenders all over are tightening up their lending policies while battening down the hatches, trying to survive the onslaught of mortgage defaults that is currently plaguing the industry.
That's what makes the timing of this latest website launch so important. The mortgage industry used to be filled with every Tom, Dick, or Janet. Now, only the strong (and knowledgeable, and determined) are surviving. By including the written work of those survivors in one website, Mortgage News is poised to become one of the top trade online publications in the industry.