Origination
Staying on top of mortgage origination news may be more important right now than ever. The mortgage industry has faced more than its fair share of challenges throughout 2022, with higher than average mortgage rates leading to dwindling interest from potential borrowers. In turn, the great mortgage bank consolidation has been underway, and a number of other seismic shifts in the industry have occurred as well.
These types of changes are expected to continue through at least the first half of 2023, although there is optimism that the industry may see improvement in the second half of the year. As a mortgage origination professional, you can stay up to date on the news you need with the extensive mortgage origination coverage published by HousingWire.
Latest Posts
Smarter leads, lower costs: Agentic AI’s impact on loan officer efficiency
May 09, 2025The expense associated with originating mortgage loans has been escalating, with the current average cost approximating $11,600 per loan. A substantial component of this expense is attributed to Loan Officer Compensation (LO Comp), which typically constitutes 1% to 2% of the loan amount and represents nearly half of the total origination cost. This heightened compensation framework is primarily propelled by the considerable cost of lead acquisition, further aggravated by the lower conversion rate of leads.
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Rocket shifts focus to integration after Q1 growth in originations and M&A
May 08, 2025 -
The long anticipated transformation of the L.O.’s role is here
May 08, 2025 -
Fed holds rates steady as it remains in wait-and-see mode
May 07, 2025 -
Why purchase mortgage applications have been positive all year
May 07, 2025 -
loanDepot’s Q1 revenue jumps 23% as Hsieh prepares to take the wheel again
May 06, 2025 -
Mortgage rates aren’t poised to plummet anytime soon
May 06, 2025 -
Lower rates spur refis at UWM, hit MSR valuations in Q1
May 06, 2025 -
Bring your borrowers home: How speed and simplicity will win the next refinance wave
May 06, 2025 5:30 am -
Unison announces rate cut on alternative home equity loan product
May 05, 2025 -
ICE: First-time homebuyers account for record share of agency lending in Q1 2025
May 05, 2025 -
How Rate wants to close its ‘massive gap’ in the non-QM space
May 02, 2025
