Non-QM Products; Mel Watt to Testify; Company Changes

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Posted To: Pipeline Press

The last four weeks for me have included spending time with lenders in Montana, Southern & Northern California, Nevada, Arizona, and Illinois. Yes, they know that the traditionally slow 4th and 1st quarters are ahead and that rates are expected to head higher, but CEOs are also focused on helping their clients, and keeping & recruiting key employees. Bank Director asked executives for the perks their banks provide to at least some of their employees: External training/career development (80%); in-house training program (74%); social events/outings (64%); active employee volunteer program (61%); maternity leave (55%); health perks (49%); collaborative work environment (38%); and telecommuting (29%). According to Bank Director, bank executives stated their top three compensation challenges...(read more)

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Source: http://www.mortgagen...

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