Recruiting, Training, MLO, AE Jobs; DPA, Tech Products; Principals and Attorneys Weigh in on Wholesale Tumult; Strong Jobs Data!
Mar 5 2021, 8:40AM
In the legal field, virtual litigation is thought to be here to stay, vaccine or no vaccine. And as the pandemic continues, and remote hiring continues for lenders, CEOs, owners, and managers are grappling with the thought of having scattered workforces going forward, and there will be no, “Okay, everyone back to the office!” when people were hired thousands of miles away. And housing is reacting: With 70+ millennials running around, and housing starts and building permits showing about 1.5 million units a year being built, there’s a shortage! Another reason why inventory is so tight? A good portion of housing starts are tear-downs, which means a new structure is replacing an older one, so there is no net change in housing inventory. There are creative ways around that. For example, in Louisiana here’s a former bank converted into a home (asking $700k). There are also creative ways to do business, or attempt to influence others in ways they do business, and yesterday United Wholesale’s Mat Ishbia generated some tumult on an average Thursday for brokers (and the wholesale channel) and created a pother. (By the way, to listen to the audio version of today’s commentary, please click here.)