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Cost-Cutting Leads Lenders' 2022 Business Priorities: Fannie Mae

Reducing expenses has become the most commonly cited business priority among senior mortgage executives surveyed by Fannie Mae, the mortgage finance giant announced.

Fannie Mae2 150x150It’s the first time cost-cutting has topped mortgage lenders’ business priorities since 2017, according to Fannie Mae. “Overall, mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges,” Fannie Mae’s chief economist Doug Duncan wrote in a blog post.

Talent management was the second most frequently named priority, pulling ahead of business process streamlining, which remains in third. Falling from the top three was consumer-facing technology investment.

Read the full post from Fannie Mae.

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