Massillon Independent, OH -27 minutes agoToday, it could mean a government agency to buy up billions of dollars of mortgage-backed securities that investors are shunning. Analysis: White House, Congress, Fed are scrambling to deal with ...... Loan officers at a bank or a credit union are employees working to sell and process mortgages and loans for mortgage customers or home buyers like you. Their loan types and mortgage products have several varieties but they all come from one specific originator, their employers.