Edition 9

Welcome back to Mortgage News Navigator, your monthly download of mortgage news and insights.

This month, discover new hiring trends, the latest in housing affordability, how AI is reshaping the mortgage workforce, and the strategy top brands are deploying to thrive in this market. Check out our curated insights to keep yourself informed and stay ahead of mortgage industry trends.

The top 10 companies in loan officer hiring: June report?

Recent data suggests that 70% of companies plan to add originators in the next two years. To stay ahead of job market shifts, check out the Modex market update for a monthly look at who is hiring loan officers. Discover which companies brought on the most loan officers this month and see who made our top 10 list in hiring >>

Here’s how bad housing affordability is now

Home prices reached a new peak in April despite rising mortgage rates and increased housing supply, marking a 6.3% year-over-year rise. The unusual trend makes the current housing market one of the least affordable in U.S. history, with home prices 47% higher than in early 2020. This is the reason why affordability challenges persist >>

3 signs you’re outperforming in the current mortgage market

The mortgage market has changed dramatically, and so have the benchmarks for what it means to be a standout loan officer. The good news? You’re probably doing better than you think. Here are three signs you’re excelling in today’s market >>

How AI is disrupting the mortgage workforce

AI is creating both opportunities and challenges for professionals everywhere, including the mortgage industry. Over half of mortgage employees say they are struggling to keep pace with AI advancements. Despite these challenges, many companies plan to invest in training and upskilling their staff to harness AI's potential, and over 70% of companies plan to add originators in the next two years >>

Modex Profiles presents a quicker path to growth

Data has proven that building a solid LO team is the most effective way to thrive in this market. The quickest path to get there? Hiring. As hiring continues to increase, recruiters and hiring managers struggle to attract top candidates in a crowded market. See how Modex Profiles supports your growth whether you are a job-seeker, hiring manager, or loan officer >>

Have you tried Modex Profiles yet? Get started in minutes. Claim your employer profile or claim your loan officer profile in minutes to get access to these features and more.