The mortgage industry is trying to make its way against demographic, economic and regulatory crosscurrents, with its future pretty much hanging in the balance, according to Mortgage Bankers Association Chairman-Elect Bill Cosgrove. Speaking to attendees of the MBA’s regulatory compliance conference in Washington, DC, early this week, Cosgrove raised some demographic issues that are troubling. “Today’s consumer is evolving in rapid fashion. The age of the first-time homebuyer ...