LBA Ware Founder Lori Brewer Named to 2017 ‘Elite Women in Mortgage’ by Mortgage Professional America Magazine Award recognizes top mortgage industry female professionals MACON, Ga., July 28, 2017 – LBA Ware™, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Founder and President Lori Brewer has been honored as one of Mortgage Professional America (MPA) magazine’s 2017 “Elite Women in Mortgage.” Brewer was recognized Read More
How much are you paying your mortgage support staff? Do you know how much you’re paying your support staff and operations team on a per loan basis? CompenSafe does. As mentioned in Bonnie Sinnock’s recent article on NationalMortgageNews.com, “Why mortgage support staff bonuses are so high,” total compensation paid to support and operations staff – that is, bonuses paid to loan originator assistants, processors, closers, and managers – averages $599 per loan, and based on Read More
ICYMI from Rob Chrisman: Envoy Mortgage Leverages Compensation Data to Assess Branch Profitability In case you missed it from Rob Chrisman’s newsletter earlier this week, there’s a great deal of insight to be gained by comparing LO compensation against operating expenses and overall volume. In fact, as our founder and president Lori Brewer said, “There’s more to LO compensation than just a paycheck. Because of the close ties between origination volume and branch performance, LO Read More
Context Matters When it Comes to Mortgage Loan Data Have you ever looked at data online that had no context and absolutely no links to the original research from which it came? Receiving or sending information without context can not only be frustrating, but it also can cause confusion. Lack of context can create several undesirable results, and in today’s world, where information travels faster than ever thanks to the Internet, context is imperative, especially Read More
Despite the Consumer Financial Protection Bureau’s 2014 changes to loan originator compensation requirements under the Truth in Lending Act, there is still tremendous flexibility in how lenders can legally compensate their LOs. LBA Ware founder and president, Lori Brewer provides powerful thought leadership in this recent article published by MBA Insights.
The connection between compensation & profitability is far more complex than it seems on the surface. Without the appropriate metrics in place or a window into branch operations, using compensation data to assess profitability is all but impossible. See how Envoy Mortgage has effectively managed complexity with ease.
Industry veteran brings 20+ years of experience to the mortgage industry’s leading provider of automated compensation & system integration solutions.
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Grow Where You’re Planted Macon Startup Week is here! As a former start-up ourselves – and Startup Week participant – this is a celebration that is near and dear to us. It provides us an opportunity to reflect on our origins, which, as one would expect, are closely tied to those of our founder, Lori Brewer. Upon the conclusion of their military service, Lori and her husband were faced with the decision of where to Read More
LBA Ware Receives 2017 Best of Macon Award Macon Award Program Honors the Mortgage Technology Company MACON, Ga., April 5, 2017 — LBA Ware™, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced it has been selected for the 2017 Best of Macon Award in the Software Company category by the Macon Award Program. Each year, the Macon Award Program identifies companies that it believes have Read More