The most prominent challenges mortgage bankers must focus on are their ability to maintain market share, minimize our capital constraints and insure each of our employee sectors are properly incented to produce, process, close, and deliver the highest quality product available. In my last article I addressed a new paradigm for loan officer compensation. To open the debate on how to best establish guidelines for loan officer compensation here and not let some other group, not knowledgeable about our profession is the right position. We may not solve the conundrum in an open blog forum, but better for us to open the dialog than have a new system of compensation imposed without comment. Just as wrong as letting outside groups with no stakeholder position dictate to us how to properly capitalize...(read more)

Comments are closed.