Items Tagged with 'Loan officer'

ARTICLES

W.J. Bradley Mortgage Capital permanently closes down

Employees told new work will go unpaid
In a memo obtained by Rob Chrisman, employees were told, "unless otherwise informed, any work time invested on March 14, 2016 or beyond will be unpaid." However, less than two years ago, W.J. Bradley's mortgage ops were bullish. So what happened?
Read More

4 ways to improve loan officer and real estate agent relationships

Here’s how to make your relationships thrive
Loan officers and real estate agents need each other to thrive in their respective businesses. To help loan officers figure out how to best cultivate this relationship, MGIC teamed up with Bill Gassett, a real estate agent based in Massachusett, to create a list of ways loan officer can work better with real estate agents.
Read More

3 tips to recruiting Millennial loan officers

How to reverse the aging mortgage industry
There is a drought in the market when it comes to recruiting Millennial loan officers. In an interview with HousingWire, Casey Cunningham CEO at XINNIX, explained how to show the next generation the way into the mortgage industry.
Read More

Wells Fargo ups commissions to spur loan production

Increases loan officers' pay in effort to counteract declining volumes
Wells Fargo has decided to combat its decreasing loan revenues by increasing the amount of commission it pays to its loan officers. The bank hopes this will stem the decline in its mortgage origination volume.
Read More

loanDepot snaps up RoundPoint Mortgage loan officers: source

Would impact 200 or so LOs

The move makes sense as the two companies share similar business models; that is, high-touch, boutique customer service. The loan officers are currently being notified of the transition, according to information provided from a RoundPoint loan officer who asked to remain anonymous.


Read More