Skills training can be a
lifeline in the quest to reach
safe harbor during trying times
Entering the second half of 2018 and the beginning of 2019, mortgage companies are being buffeted by the high winds
of rising mortgage rates and battered by a steady slowdown
in production. One of the first areas companies often
consider cutting costs is in nonproduction-oriented job
functions, such as staff and support positions.
While this may be a traditional method for bolstering
the bottom line, it may not always be in the company’s
best interest. It’s difficult for mortgage originators to turn
things around and generate more loans if the people
tasked with assisting them are no longer on the job.
There’s another way out of this — for companies willing
to make the commitment. >>