Key Takeaways:<ul><li>Cycle times increased slightly in 2020 due to COVID related delays & high refinance volume</li><li>Top performers close loans 63% faster, 74% faster on refi's vs. peers</li><li>Since 2017, cycle times overall have been on a declining trend due to continued adoption of new technologies addressing operational efficiencies & changing market needs</li></ul>

Key Takeaways:Cycle times increased slightly in 2020 due to COVID related delays & high refinance volumeTop performers close loans 63% faster, 74% faster on refi's vs. peersSince 2017, cycle times overall have been on a declining trend due to continued adoption of new technologies addressing operational efficiencies & changing market needs

Key Takeaways:<ul><li>Cycle times increased slightly in 2020 due to COVID related delays &amp; high refinance volume</li><li>Top performers close loans 63% faster, 74% faster on refi's vs. peers</li><li>Since 2017, cycle times overall have been on a declining trend due to continued adoption of new technologies addressing operational efficiencies &amp; changing market needs</li></ul>

Freddie Mac Mortgage Closing Cycle Time Benchmark Study

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Freddie Mac Mortgage Closing Cycle Time Benchmark Study

Freddie Mac Mortgage Closing Cycle Time Benchmark Study