March 2017
Over the last few years, independent mortgage lenders have seen significant increases in base pay in many of their back office and fulfillment departments. Increased compliance has driven demand for skilled underwriters, processors and other fulfillment specialists who can navigate through the current complexities of mortgage lending. The effects of TRID and changes in industry market share have also been major factors in driving independents to lure crucial personnel from banks with attractive compensation packages.
Have your compensation strategies kept up with the market trends? Richey May has launched our annual compensation survey of independent mortgage lenders, providing a great opportunity to benchmark compensation levels against both your peers and your local geographic markets. For more information, visit our Compensation Survey page or contact Tyler House at tyler@richeymay.com.
