One way to combat the high cost of loan originator turnover and improve the longevity of your top performers is to build a data-driven strategy that dives into what’s causing the churn. Here’s a 6-step approach to help you get started
How high is loan originator turnover — and what’s behind it? LO turnover is both common and costly. Managing it effectively is essential to an organization’s success. In part 1 of a 2-part blog series, we reveal the true cost LO turnover has on your business.
Our culture is something we are extremely proud of because we invest time and energy into creating the environment that we feel makes LBA Ware the best place to work.
LBA Ware Named Ellie Mae Experience 2019 Exhibitor MACON, Ga., March 6, 2019 – LBA Ware™, provider of the leading automated compensation and sales performance management platform for mortgage lenders, today announced that it will exhibit at Ellie Mae Experience 2019, which will be held March 10–13, 2019, at Moscone West in San Francisco, California. This year’s conference theme, “Driving Innovation Home,” encourages attendees to learn about the latest technologies defining the mortgage industry while Read More
Mortgage Professional America magazine & National Mortgage Professional magazine both name LBA Ware a top mortgage employer for its culture, innovation, & dedication to client success.
Here’s a sneak peek of the panel sessions LBA Ware founder & CEO Lori Brewer will be participating in at the TMC Winter Conference & other mortgage industry events you can find us at in February & March.
LBA Ware’s annual mortgage lending year in review blog post and infographic covers benchmarks, trends, accomplishments, and fun facts from the past year.
It doesn’t matter if you provide better experiences; some borrowers only see the difference in the numbers. When concessions need to be made, does your team have accurate numbers to make informed decisions? This blog post explains how you can tighten up your rate and fee concession process with accurate compensation numbers.
The competition for top loan originator talent is fiercer than ever, and often compensation is a lender’s best bargaining chip. This blog post explains the differences between retroactive and non-retroactive comp plans to help lenders who are considering turning to retroactive comp plans as a sustainable way to stand out from the crowd in the talent race.
With margins as tight as they are in the current market, lenders must leave no stone unturned when it comes to managing costs. To solve this conundrum, we provide suggestions lenders can adopt to help shape a shared marketing expense strategy.