What if the story of declining loan officer numbers is just that — a story? If you’ve been around the mortgage industry awhile, you’ve surely heard of a sharp decline in licensed loan officer (LOs) numbers. Some reference a 50% drop in the LO population. Worse yet, other believe that license renewals are down 60%. These numbers — often presented with pride and alarm, depending on the voice — suggest that competition is thinning out dramatically.

But is that the reality? Recently released data from intelligence platform RETR, alongside my research conducted on the NMLS site, tells a details ⇒

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