AIG expands scholarship program to UH [Houston] American International settles with Florida, 8 other states [Orlando] AIG settles with Florida, 8 other states [South Florida] Mortgage insurers applaud tax break extension [Greensboro] MGIC receives ... Loan officers at a bank or a credit union are employees working to sell and process mortgages and loans for 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.