To expand revenue sources as the refi boom faded, Quicken Loans got more into the business of servicing mortgages for a fee. "So their job prospects look pretty decent." "Especially if you're a loan officer who has a lot of ties to realtors and home builders, you're the guy who's going to write what they call the new purchase money business, as opposed to a refi, and those are the most valuable employees right now," Muolo said. But the downturn hasn't affected job security for many mortgage bankers in the industry, whose connections can be key to bringing in new business.
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