I could tell that my cat Myrtle was incensed. I think that it may have had something to do with an email regarding artic krill oil, and her clicking on a link to check on the status of the prize that she’d won, supposedly a lifetime supply. After clicking on link everything she had in her trust fund vanished. Easy come, easy go. If Myrtle falls for something like this, how many employees fall for things like, “Your benefits have changed; click here to see your new health plan,” or, “Your retirement fund needs to be moved; please click here for options.” It’s critical to put your employees, old and new, through regular testing. (No, this is not a paid ad.) Switching gears, and very similar to the residential lending industry, according to a new DeWalt Powering the Future survey nearly half of U.S. contractors say training the next generation is critical for the industry’s 2023 growth followed by contingency planning and resilient supply chain solutions. Despite the widespread layoffs and salary cuts in our biz these days, and the spate of experienced talent looking for jobs, at some point there will be hiring, and lenders and vendors will want sources of younger staff. This was also a recurring theme during the MBA’s conference earlier this week. (Today’s podcast is available here. This week’s is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking.) Broker and Lender Products, Services, and Software

Published On: October 28, 2022 / Categories: Mortgage News /