Back-office mortgage loan origination processes are known to be somewhat cumbersome, but some origination processes, like government-insuring, require an even higher level of detail, accuracy, and timeliness. I spoke with Tara Cormier, Division President, Mortgage Fulfillment at Consolidated Analytics to better understand the particulars related to government insuring and why fulfillment for this aspect of […]
Why Isn’t My Cost Per Loan Coming Down?
According to the Mortgage Bankers Association, the average net cost to originate a mortgage (all loan types) in the fourth quarter 2018 was $8,611. Imagine, only six years earlier in 2013, the cost to originate a loan was closer to $5,000. There is no single reason for this astronomical increase, but industry economists cite low […]


