Latest / Chrisman Commentary - Daily Mortgage News
10.16.26 National Takeaways; Realtor Arrian Binnings on Originator Relationships; Safe Haven Trade
The mortgage industry faces mounting pressure as the MBA projects 2027 mortgage production will decline 5% from 2026 and fall below $2 trillion, prompting lenders to reduce loan officer headcount, cut benefits, and shift production toward lower-cost, technology-enabled channels, with independent mortgage bankers losing loan officers while broker and wholesale channels continue to gain ground. At the same time, the adoption of alternative credit scoring models such as VantageScore presents potential cost savings and greater competition, but raises significant concerns about whether equivalent…
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