How to Hire a Loan Processor
Navigating the complexities of the finance industry can be challenging for small business owners. One key player who can make this journey smoother is a loan processor.
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Navigating the complexities of the finance industry can be challenging for small business owners. One key player who can make this journey smoother is a loan processor.
Takeover and M&A rumors continue to swirl, and smarter companies are merely hiring production staff away from lenders rather than pay the baggage that may be associated with the target while some are selling servicing to help strategically or with cash flow. The MBA reports that our biz originated $4.1 trillion in 2020 and $4.4 trillion in 2021. 2022 is down from those numbers, and 2023 is expected to be $1.5-$2ish trillion, depending on who you ask, certainly less than half of 2021. It impacts everyone, but certainly with credit fees shooting up, credit reporting agencies (CRAs) a...
Loan Documentation, VA and USDA defects saw significant increases while Income/Employment defects declined
EShipfinance.com announced the launch of eShipfinance.com Version 2. Chairman and Co-founder, Dagfinn Lunde says “I am happy to see the increased interest in our eShipfinance.com platform. The new V2 will give shipowners and investors even more possibilities as it now also caters to multiple ships financing!” Features and benefits: For Shipowners: Project pre-approval in as ...
Here are the week's featured job openings provided by the Georgia Department of Labor