Mortgage lenders' AI adoption went from 15% to 60% in three years. Cost to originate a loan? Still about $11,000. Tech is only 4% of it.
www.housingwire.com/articles/cos...
housingwire.com
Is technology changing the economics?
AI is reshaping mortgage economics, but lowering the cost to originate requires disciplined processes, measurable ROI and accountability across the organization.