Edition 1
Modex, Inc.
Technology solutions that drive the mortgage industry forward and make hiring better for everyone
Mortgage News Navigator is a curation of snackable news and thought leadership to help you stay ahead of the mortgage industry – because when you're equipped with the right data and insights, you can make decisions with ease. Take a look below to see what's happening, from hiring trends to CRA nuances and beyond.
These are the companies who are hiring loan officers right now
Branch managers are using now as the time to strategically hire LOs to generate more production volume or prepare for when the market shifts. While hiring is down for some companies, others are ramping up. Take a look at which companies hired the most loan officers last month. See who tops the list >>
Beyond CRA: 5 reasons the mortgage industry should leverage data on population diversity, minorities, and underserved communities
While compliance with CRA regulations continues to be a major priority, financial institutions must recognize the importance of diversity, minority inclusion, and support for underserved communities as a critical component of their overarching strategy. Reason 4 might surprise you >>
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Consumers are expected to keep the U.S. out of recession, Moynihan says
The U.S. economy is expected to continue tightening over the next year, but a recession is likely to be averted thanks to resilient consumer spending, Bank of America CEO Brian Moynihan said Wednesday. At a lunch event hosted by the Economic Club of New York, Moynihan offered mixed commentary on the U.S. consumer outlook, which has long been a lynchpin of the economy. Find out what else is predicted >>
What is Modex Profiles, the new tool revolutionizing loan officer recruiting and hiring?
Like a dating app, Modex Profiles gives loan officers insights into a company's best qualities, including details about compensation, benefits, community, culture, and more. In turn, hiring managers can see essential information about loan officer candidates, including production level, number of units, production and product mix percentages, real estate data, and licensing details. Then, just like a dating app, the conversation begins... Here's what makes it a game changer >>
Get intel you won't find anywhere else with Modex Profiles, a new tool that uses the power of Modex data to connect hiring managers and loan officers looking for employment opportunities. Claim your free profile now to see how your production compares to other loan officers.