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9 Ways To Prepare For An Economic Recession

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Regardless of specific timing, it’s clear that it’s less a matter of if we’ll see a recession soon and more a matter of when we’ll start to feel the impact.

Luckily, we’re better equipped as an industry to handle a recession this time around. And with the right preparation, mortgage lenders can mitigate the negative impact of a potential recession and come out on top when the market rights itself.

Here are 9 ways mortgage lenders can prepare to survive (or even thrive) in an economic recession: