Improve Profitability News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Improve profitability. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Improve Profitability Today - Breaking & Trending Today

Data Mining, Fair Lending, Tech Stack Products; Ginnie Stats; STRATMOR Ops Workshop; LO Comp and Profitability

I received this call yesterday from an LO friend. “Rob, I was talking to my ‘hair-apist’ last night, and I was telling her about how our industry has been a real roller coaster in terms of income for people and companies. People need their hair cut regularly, but certainly people don’t need home loans regularly. We’re all keeping our fingers crossed that 2024 is an okay year.” First off, hats off on the “hair-apist” line. (Is there also “hair-apy”?) Second, lenders are doing what they can to at least stay profitable. In fact, STRATMOR’s current blog is titled, “Adjusting Loan Officer Compensation to Improve Profitability.” Many lenders tend to move in a pack, based on rates, regulatory environment, or volumes, and despite an uptick in locks in November which resulted in decent December fundings for many, lenders find themselves back looking at overhead, tech and investor mix, and lead source. Reg ....

United States , Christine Wagner , Corey Knight , Freddie Mac , Ginnie Mae , Broker Services , National Client Services Team , Food Energy , Jp Morgan , Wells Fargo , Mortgage Market , Loan Officer Compensation , Improve Profitability , Correspondent Lending , Correspondent Account Executive , Best Efforts , Prospective Correspondent Questionnaire , John Mccrea , New Year , Fair Lending , Sales Training , Operations Executives , Operations Workshop , Unpaid Principal Balance , Ginnie Mae Disclosure , Consumer Price Index ,