Today's Commentary · October 16, 2026

Oct. 16: LO jobs; AI document, broker, U/W, QC tools; Lender/investor earnings of note; credit news; LO retention examined

The MBA believes that 2027’s production will be 5 percent less than 2026’s and be below $2 trillion. “Rob, are you hearing that, with volumes down (units and volume), lenders are once again examining keeping entire loan originator workforces?” Indeed I am. At the most basic level, as we move through autumn and into winter with no sign of greatly improved rates and the spring “home buying season” five months away, lenders are asking, “Is the LO carrying him/herself?” Lenders are moving LOs to part-time...