Knowing which companies currently are hiring mortgage origination teams helps identify tomorrow's loan production leaders. Firms that hunt for executive talent and help arrange mortgage company mergers and acquisitions thus have a unique view of how market share is altering within the industry today. Lenders with warehouse lines and net worth of between $1.5 million and $10 million are the likeliest candidates for a business alliance, says Mike Jackman, president, Jackman Financial Group. Meanwhile, salespeople are moving from national lenders to more entrepreneurial, midsized firms, says Chris Meyer, managing director, MSA. Recently MSA completed an industry compensation survey, and found that the practice of paying signing bonuses to lure producers from their existing pipeline of business is dwindling.
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