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The underwriter shortage could derail your 2021

December 10, 2020 This industry has an underwriter shortage, and it’s getting bad. The huge volume of origination we’ve seen this year has exposed this acute shortage of underwriting talent and seen underwriter salaries almost double into the six-figure range. The shortage has created a bottleneck in the underwriting process meaning loans are taking longer and longer to close. For many originators on course to post record numbers in 2021, the underwriter shortage and resultant slow turnaround times presents a serious threat to that success.

Read more here.