Lender Events; Inflation, Interest Rates, and the Fed

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Posted To: Pipeline Press

Lenders aren’t likely to eliminate their owners or senior management, nor do they want to eliminate producers (who are meeting minimum thresholds) or slash their compensation. And good Ops staff is worth its weight in gold. In this time of margins being squeezed, what’s left? There is this note: “Given lender profits and LO commissions, I think one factor is a lot of expensive middle managers who do little or nothing to help improve, increase, or drive production. Lenders need to evaluate their role.” There are many great and talented individuals at that level, but yes, I am already seeing companies doing exactly that. Special Events Come celebrate with Angel Oak Mortgage Solutions! As the leader in non-QM lending, it’s growing rapidly and happy to announce the…(read more)

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