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Volume may be down, but it’s highly anticipated that the Fed will drop rates again in December. Hopefully this will cement current pricing and have a positive impact on rates going forward. With that in mind, beefing up your sales and operations staff may be top of mind in anticipation
According to a recent article published in LinkedIn, hiring by U.S. companies unexpectedly spiked in October, even amid two hurricanes and a massive Boeing strike. Private payrolls jumped by 233,000 last month, according to processor ADP, the most since July 2023. Labor demand appeared to surge ahead after the storms
Halloween is next month so be on the lookout for ghosts and goblins. Just as scary as the traditional Halloween fare is the amount of unsecured debt in this country. According to a recent article in the Scottsman Guide, last year the total number of unsecured personal loans in the
When did clawbacks become “a thing”? As far as I can remember, there have always been strings attached to signing bonuses but now lenders are applying similar rules to income guarantees, sometimes with terms as long as three years. Obviously, the intent is to discourage employees from leaving the company
The National Mortgage News recently published its annual survey results of the best mortgage companies to work for. The results for 2024 were not as robust as the 2023 list, resulting in only 33 companies qualifying vs 48 firms in 2023. This ranking is the result of extensive employee surveys,
I submitted a Candidate to a client the other day. Apparently, it was a Candidate that the client had a decent relationship with, and they had each other’s contact information. The client was surprised when I revealed the Candidate’s name, saying, “I know him! Why didn’t he just call me
We received quite a bit of interest following the article in last month’s Newsletter, “Is Your Executive Team Moving the Needle?” Because we are highly visible on the Production leadership side, some lenders were not aware that we also are very active within the C-suite and Corporate Leadership arena. MSA’s
I was recently speaking to a CEO of a successful mortgage company regarding their need for a new Chief Marketing Officer. We were discussing where they were in terms of viable candidates and whether they wanted MSA to conduct a search to fill the role. The CEO commented, “Well, we
