On Friday, new data came out regarding staffing and recruiting challenges seen by by C-level executives in a recent survey on mortgage leaders. The survey, conducted by recruiting expert Rick Glass of Rick Glass Executive Search based in California, was intended to determine the most important concerns and challenges for this year and beyond. “It is too simplistic to …
Survey reveals top mortgage staffing challenges for 2017
SACRAMENTO, CA (March 10, 2017) — Some surprising and unexpected staffing and recruiting challenges were revealed by C-level executives in a recent survey of mortgage leaders. The survey was conducted by recruiting expert Rick Glass, of Sacramento, California-based Rick Glass Executive Search. Glass, a 20-year search veteran who has placed hundreds of executives in the mortgage industry, conducted a confidential survey among …
Higher Rates May Mean Staff Cuts
With interest rates up 75 basis points since the election – and staying there, at least for now – residential production is likely to slip in the quarters ahead, leading to layoffs, especially at firms that focus on refinancings. “It’s coming,” said industry consultant Don Henig, a former top sales executive for loanDepot, a top-10 ranked originator. “Maybe we haven’t …
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