The loan officer engineer: The $11,898 problem
Freddie Mac data puts 67% of origination cost in personnel, even after years of digital mortgage spend
Freddie Mac data puts 67% of origination cost in personnel, even after years of digital mortgage spend
BELLINGS Intelligence Score: 12
Why it matters
This report highlights that personnel costs remain a large portion of mortgage origination expenses despite digital investments, reflecting ongoing operational challenges rather than a market-moving development.
Sources
HousingWire
The loan officer engineer: The $11,898 problem
Freddie Mac data puts 67% of origination cost in personnel, even after years of digital mortgage spend