Execs Reap Rich Reward for 2001 Volume, Survey Shows
April 29, 2002
Mortgage executives received heftier compensation packages in 2001, thanks to last year’s record-breaking mortgage originations, according to Inside Mortgage Finance Publication’s first annual industry pay survey. IMF’s 2001 Executive Compensation Survey found a 6 percent average increase in executive salaries to reach an average base pay of $136,000.