The mortgage industry continues to experience significant movement as companies strive to increase loan volume and attract top origination talent. Factors such as fluctuating interest rates, rising business costs, and shrinking profitability have intensified competition in the industry, leading to a variety of strategic responses.
Key elements of the text include:
– Pressure to increase loan volume and demand for quality origination talent
– Fluctuating interest rates, rising business costs, and shrinking profitability driving competition
– Increased focus on hiring proven business generators, teams, and branches
– Rise in mergers and acquisitions as a strategy to gain market share
– Constant movement within the mortgage industry as companies adapt to market conditions and seek competitive advantages.
You can read this full article at: https://www.housingwire.com/articles/navigating-movement-in-the-mortgage-industry-series-introduction/(subscription required)
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