Most mortgage companies have gotten very good at recruiting. You can measure recruiting. You can count heads. You can show momentum on a spreadsheet and call it growth. Development is harder to quantify. It takes time, structure, and discipline, especially when the market is moving and everyone is tempted to chase short-term volume. But if […]
How mentorship, not recruiting alone, builds strong loan officers Read More »
Key Insight: Federal Reserve Gov. Michael Barr said inflation pressures on goods and non-housing services remain elevated and that the Middle East conflict could add to the burden. Expert quote: “I would like to see evidence that goods and services price inflation is sustainably retreating before considering reducing the policy rate further, provided labor market
Fed’s Barr: No interest rate cuts until inflation is tamed Read More »
Key insight: The Senate’s manager’s amendment, which added FHA multifamily loan limit reductions and an institutional investor cap on single-family homes, cost the legislation support from the Mortgage Bankers Association. What’s at stake: Community bank regulatory provisions championed by House Financial Services Committee Chairman French Hill were stripped from the Senate version, making it unlikely
Banks sour on Senate housing bill, but may not stop passage Read More »