TMC BENCHMARK DECEMBER DATA: Production and Cost Per Closed Loan Increase, While New Applications STAY STEADY.
December rounded out 2022 with a continued downturn in applications. However, TMC’s lender members sawproduction go up and salaries and fees stay flat. Unfortunately cost per closed loans went back up in December, while efficiencydecreasedslightlyas we head into the new year. Closed loan units increased 3% in December when compared to the month prior. Within […]