Posted To: Pipeline Press

Fitness instructor: “Have you ever done a marathon?” Me: “You mean like on Netflix?” Both take stamina (of some sort), as does merely looking at the U.S. Debt Clock website that Kim G. reminded me continues to click along. Originators and branch managers will tell you that recruiting MLOs and retaining customers are both marathons, and as mortgage rates have fallen (with the fear of the coronavirus negatively impacting economies), it didn’t take long for both to become difficult. LOs who were looking for other opportunities toward the end of 2019 are now busy tending their locked pipelines or contacting/protecting previous clients. I’ve heard from a few originators, “If I’m not mining my database, someone else is.” And CEOs are once again…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: Mortgage News Daily