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Home » Store » Profitability » LOs in Demand, Servicing Workers Not So Much

LOs in Demand, Servicing Workers Not So Much

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Profitability

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Mortgage employment has risen by just over 5 percent the past year while loan production is on track to increase 33 percent from 2014 – a sign that residential lenders continue to hire as few workers as possible and use outsourcing firms. According to interviews conducted by Inside Mortgage Trends over the past week, it appears that demand for experienced loan officers will remain strong in the coming year, but servicing staffs will continue to shrink. Mortgage recruiter ...
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