“Our focus is to continue to grow our company by maintaining our service level, building our outstanding product portfolio and keeping it local,” said Manieri, who has been in the mortgage industry since 2000 as an originator, sales leader and entrepreneur. “As we continue to grow, we continue to hire local people that can make decisions based on the needs of their customers.”The modest decline trims borrower payments, while year-end forecasts above 7% leave LOs focused on deals already close to working
The first mortgage-rate decline in two months trims about $22 from the monthly payment on a $400,000 loan. For LOs trying to salvage year-end transactions, that creates an opening among borrowers already close to making the numbers work.Freddie Mac reported Thursday that the...
NMP’s Ignite summit explored the rules, expenses, and platform differences that shape what originators actually earn
A loan officer willing to earn less to win a borrower can still run into a compensation problem. The sticking point is how that smaller paycheck is determined, who funds it, and whether the arrangement connects compensation to the loan’s terms.That tension drove National Mor...
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