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THE DEBT CRISIS THAT COULD HAUNT THE MORTGAGE MARKET

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

DOES IT SEEM LIKE OVER 2 DECADES??

This month marks the 23rd anniversary of 9-11.  That seems hard to believe.  Maybe it’s because the events of that day are so etched in our brain that it doesn’t seem like it happened 23 years ago. 9-11 became one of those events where you will always remember where you

Clawbacks and Non Solicits.  Thoughts?

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

Less Than 90 Days To Go….

In less than 90 days, we will elect the next President of the United States.  Regardless of which camp you’re in, I think we can all agree that this is an important election.  How the election will impact the financial services industry is going to be interesting.  According to The

Top Mortgage Lenders to Work for in 2024

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,

Is the Regional Manager Role Becoming Unnecessary?

There’s been some buzz lately about whether the Regional Manager role is necessary or if this position should be cut as a cost savings measure.  The National Mortgage News recently ran an article on this subject and there’s also been some debate about it on LinkedIn. Upon reading, the consensus

“Why Didn’t He Just Call Me Directly?”

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

Leadership Recruiting

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

Happiest Cities in the US – Did Yours make the Cut?

We’ve all heard a lot about “Work/Life Balance” over the last decade and how important this delicate balance is to your juju.   Being generally happy has a direct impact on almost all aspects of your life….this includes your career, relationships and  based on multiple studies, your longevity.  For years, researchers

Are You a Ghoster?

We have all done it.  The Irish goodbye, the ghosting of a sales person, the ignoring of a telemarketer.  Again we have all done it, myself included.  Sometimes it seems like the easy way out, saving you from awkward conversations, from having to explain yourself, from the sales pitch.  While