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Volume 18 - Number 21

October 17, 2014

Mortgage M&A Could Free Loan Officers

When two mortgage companies combine forces, the merged operation may have to deal with redundancies in operations, fulfillment, human resources and other areas that result in staff cuts. However, loan officers can see opportunity if the companies are combining to reach new markets. Not all LOs stay. In fact, once word leaks out that a company is a takeover target, many LOs start weighing their options, contacting competitors and sales managers who tried to ...

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