Lenders continue to adapt, and LOs are adding value by being subject matter experts and marketing accordingly. (For example, today’s podcast features an interview with Bob Griffith, General Manager of Home Services at Houwzer, on using a client’s 401k to help finance a house.) Marketing is a fickle mistress. Ever “opt out” of receiving ads? The people that advertisers most want to target are hiding from the advertisers (thank you to Carla M. for sending that in). The implications to marketing efforts for any lender or vendor are clear. The implications of falling volume, margins, and revenue are clear as well: they’re leaving plans for 2022 in a shambles for most lenders and vendors. Every lender and originator know that 2020 and 2021 were not forecast to be record-breaking origination years, but they were. And if 2022 weighs in at $2 trillion in residential fundings, it will be a top 10 year. But still, volumes being down 50 percent from a year ago c
Coming to Work with Higher Leadership Expectations
The memories of 2020 will stay with us for some time – but as those memories fade there are changes that businesses will carry into the future. Call it what you may remote working, working from home, or the virtualization of work leaders need strategies for this new reality. In a new report, Kincannon & Reed addresses some of the key challenges facing leadership in this transformative era.
April 8, 2021 – The virtualization of work has impacted more than the workday. It has impacted every level of business. Importantly, leaders are thinking differently about attracting, developing, and retaining talent. The new work environment has increased the competition for high performing talent. Hiring managers across the food and agriculture industries, for one, are re-designing strategies and thinking through new employee relocation requirements, including onboarding, motivating, and developing their people. In so doing, HR profe