The LO Down - March 1st - High Five Friday, Podcast of the Week, SOLO Tip, Dad Jokes

Well there it goes, February is over and the scoreboard is back to zero. If you've been following the discussion this week, there has been some talk about compensation in the industry (both LO and Ops staff comp), a collaborative new book just dropped, and there are meetings and top producer trips happening throughout the industry.

#HighFiveFriday #BAM

First up, I can't celebrate this one enough, and no bias here, but Alec Hanson and the Marketing Team at loanDepot released the single best hype video I have ever seen in the industry. Check it out for yourself, it's worth the watch. The Compliance Guy gets me every time.

https://www.dhirubhai.net/feed/update/urn:li:activity:7168686338311925764?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3Aactivity%3A7168686338311925764%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29

Next up, Paul Hindman writes a post asking those that have been laid off and fortunate to find jobs outside of the industry to share their stories. The gold is in the comments. If you are out of work and looking for an alternative route, check out this post for some ideas and inspiration.

https://www.dhirubhai.net/posts/paulhindmanexecutivesearch_are-you-a-mortgage-industry-operations-or-activity-7168585271884632064-WS3b?utm_source=share&utm_medium=member_desktop

Third, Jeremy Dean shares a great example of how we can trap ourselves by overthinking things by using "The Itsy Bitsy Spider" of all things. If you're guilty of paralysis by analysis at times, check this post out. It's a great mindset reset.

https://www.dhirubhai.net/posts/jeremydeanmortgage_i-think-sometimes-we-overcomplicate-things-activity-7168261614440210432-HeEa?utm_source=share&utm_medium=member_desktop

George Milian talks about the vulnerabilities needed to be a strong leader and that failing is a part of it. He says to show your scars, to admit your mistakes and learn from them. I couldn't agree more.

https://www.dhirubhai.net/feed/update/urn:li:activity:7165000448016330752?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3Aactivity%3A7165000448016330752%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29

And finally, Andrew (Andy) W. Harris doesn't hold back and shares some thoughts on expenses in the industry and how they are affecting the industry. Some good conversation in the comments too.

https://www.dhirubhai.net/feed/update/urn:li:activity:7167943383397728258?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3Aactivity%3A7167943383397728258%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29

Podcast of the Week:

MoreTalk by Michael Kelleher and Michael Zau - Housing Market Predictions, Social Media, and Truth about Green Banners with Greg Sher, Brian Vieaux, CMB and Jay Promisco

In this episode there is talk about market forecasts with some optimism, social media influencers in the business and the stats behind their lead generation, layoffs, vendor talk and collaboration needs in the biz.

Link to Episode: https://open.spotify.com/episode/13V69p7lx1couyzzCaktdw

Link to Summary Post: https://www.dhirubhai.net/posts/connorbartley_100podcastsin100days-mortgage-loanofficers-activity-7168318877116948481-zmuu?utm_source=share&utm_medium=member_desktop

SOLO Tip of the Week:

Get organized and learn how to say no to "time vampires."

I spoke with one of our LO's here at loanDepot that ended up having their best month of production in their career in February.

When I asked what changed, their response was simple:

Habits

They stopped chasing deals that would take 3 hours to work on only to not qualify, they made sure they had a plan for each day of the week, they worked the plan and didn't allow themselves to get distracted.

A simple change of habits has led to a more efficient process and a more productive Loan Officer.

Dad Joke of the Week:

Can a kangaroo jump higher than a house? Of course, houses can't jump.

Have a great weekend!