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$11,898 Cost per Loan Highlights the Staffing Problem in Mortgage
4+ week, 2+ day ago (1199+ words) The piece frames $11,898 as a symptom of personnel-heavy workflows, duplicative systems and...Start with a number that still bothers me: It costs the industry $11,898 to produce one mortgage. The average since 2008 is $7,903. So through the whole “digital mortgage” era, all…...
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