Some feel that Millennials are less interested in homeownership, while others believe that this market is slow to buy because of other factors, such as student debt. Either way, time marches on and Millennials will ultimately make up the majority among homebuyers, just as they will predominate in the lending workforce. This of course changes how mortgage lenders need to …
Rick Glass: Expect Some Consolidation In The Mortgage Industry In 2017
What will 2017 bring for mortgage lenders? Based on the blazing speed with which the Trump administration seeks to bring about change – a la the recent decision to reverse the previously enacted Federal Housing Administration rate cut and promises to dismantle Dodd-Frank – it would seem the mortgage industry is in for yet another year of tumult.
Consolidation And Higher Loan Volumes Leading To Recruiting Challenges
With mortgage origination volume up and the industry experiencing substantial consolidation, lending executives face an increasingly competitive environment in acquiring key industry talent, according to 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, finds the market for top talent especially competitive in …
