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Insights for Success
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Building a Team for Growth in 2012
We are about to say goodbye to 2011 and welcome 2012. Over the last year the mortgage industry has gone through numerous changes, most notably compensation reform. Now that the dust has begun to settle, it is time to plan a growth strategy for 2012. Building an origination team and using the right tools can have positive impact on your company’s bottom line.
Read More »American Pacific Mortgage Launches Mobile App to Help Mortgage Bankers
As mortgage bankers continue to do more of their job outside the confines of their office, American Pacific Mortgage (APM) is launching APMConnect, a new a new marketing platform which includes a web based marketing engineand mobile phone app for both iOS (iPhone) and Android based phones. The app will launch November 1, 2011. A first-of-its-kind mobile platform, APMConnect will keep loan originators connected to their home offices, realtors and customers from wherever they are. The app gives loan originators the ability to access and order customized marketing materials and promotional company items, while giving customers and realtors access to mortgage calculators, educational videos and a tool that helps map a route between open houses.
Read More »Future Of Mortgage Banking
As we look at the current industry and where it will likely head over the next few years, many brokers have more questions than answers. Companies, brokers and loan officers are still figuring out how compensation reform will impact their balance sheets and wallets. As the government and banks continue to add more requirements to get loans approved, it has become harder for once qualified individuals to get loans. A few large companies seem to control a large share of the market.
Read More »Post Compensation Reform: Finding the Right Mortgage Bank
On April 1, 2011, the mortgage industry ushered in a new era of compensation reform. Since then, the landscape has been one of change and adjustment. Industry leaders and loan originators are all learning where to go from here.
Read More »Today’s Competitive Originators
Every loan officer has a reason they got into business. Some thrive on competition, most crave success. The mortgage industry may have changed over the years but the end goal hasn’t. Loan officers want to succeed, and in this industry selling is success. But in an era of compensation reform and fewer channels to shop, what does it take to close the sale?
Read More »Is Compensation Reform Keeping You Up at Night?
When the Federal Reserve and Congress started investigating, and later “fixing”, the way loan originators were compensated, it quickly sent shockwaves through the industry. Many are asking, “Now what?”
Read More »How to Thrive in the New Mortgage Landscape
The mortgage landscape has changed. The needs of clients have been shifted. Rules and regulations are constantly being revised. Professionals in the industry now look for ways to establish stability and distinguish their business from others in the crowd. The successful players have realized that the best approach is the one rooted in traditional foundations that utilizes modern tools.
Read More »Finding the Right Branching Company
Before mortgage professionals start the process of evaluating branching companies, it is vital to perform their due diligence to ensure they select a credible, stable, transparent company that will have longevity.
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