New Mortgage Employment Landscape

As the market continues to shift, leaders of mortgage companies have been forced to make tough decisions and lay off many of their loyal employees.?

So many mortgage professionals, with great accomplishments, are now unemployed today.?Sure, it was inevitable. But at what cost??

The fulfillment staffing adjustments are now taxing all of the employees that, so-called, made the cut… while a short time ago, had peers to help them with the heavy lifting. Now that is on those that are lucky to be employed.

What does this mean to the market? Yes, job security is one of the most important aspects of our lives. How secure does the rest of the industry feel? On the sales side, both loan officers and sales leaders are now focusing on service levels and staying competitive, to ensure they can continue to leverage their relationships.??

Let’s first take a look at what history has shown, when the volume is down, many lenders may not survive the new market. Those executives are out looking for a new partner, where they may merge their efforts to endure the new employment environment.

Where does that leave those loyal employees? When there are duplicate efforts in these organizations, changes will have to be made. The excitement is gone, this does not feel like the fun business it once was.?

Are you still sitting at your desk, working even harder, and waiting for that dark call from your leaders? It seems that the entire industry is out in the market shopping their value. So if or when they get that call, they are ready, being welcomed to a new HOME, and with a team that will appreciate them.

Well, great news, there are still many growth-oriented, well-capitalized organizations staffing their bench with top talent.?

Yes, the hidden job market is real and opportunities are out there for those accomplished professionals that want to keep their career options open. If this is you, then align yourself with a professional recruiter that knows where your skill and talents could best fit an organization.?

The team at EMAC is approached daily by leaders that want to ensure they have the best of the best on their team. Let's schedule a time to discuss these unadvertised opportunities.