LBA Ware’s CompenSafe Finishes 2Q19 with $3.6B in Lifetime Compensation Calculations The leading sales incentive platform for mortgage lenders continues to outpace industry growth MACON, Ga., Aug. 78, 2019 – LBA Ware™, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, closed the second quarter of 2019 having completed $3,622,659,995 in lifetime calculations of origination commissions, management overrides, and operational bonuses through its CompenSafe™ sales incentive platform. 2Q219 was Read More
Do Your KPIs Align with Your Core Values, Strategy and Corporate Culture? By Mari Denton, Director of Client Success at LBA Ware firstname.lastname@example.org How do you communicate your strategic goals to your loan originators? It’s not a rhetorical question — though it is a philosophical one. Answering it honestly will help you identify opportunities to better align your KPIs with your core values, which in turn will drive better business results. Let’s say you are Read More
LBA Ware’s Director of Business Development, Finn Klemann, shares three process improvement tips for managing compensation across multiple loan origination channels.
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
LBA Ware™, provider of the leading automated incentive compensation and sales performance management platform for mortgage lenders, announced today that FirstBank Mortgage has optimized the execution of its incentive compensation with CompenSafe™. By replacing spreadsheets with CompenSafe, FirstBank Mortgage has reduced the time it takes to calculate loan compensation by 75%.
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.
PRESS RELEASE: A renowned technologist & expert on loan originator compensation & productivity, LBA Ware Founder & CEO Lori Brewer was recognized by the Mortgage Bankers Association for transforming the way mortgage lenders manage their incentive compensation strategies.
A new partnership between LBA Ware and SimpleNexus provides mutual clients’ loans originators with real-time push notifications when their loan commission has been been calculated.
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.