Oct 28

Titan EVP Ruth Lee recently commented to National Mortgage News about the current state of the mortgage industry, and specifically how recent layoffs are providing a huge pool of talent from large banks and lenders to smaller and mid-market lenders:

“We need to be thinking about the immediate and longer-range opportunities and threats created in the marketplace for mortgage lenders by big banks continuing their ‘hire and fire’ practices,” says Ruth Lee, executive vice president of sales at Titan Lenders Corp., aDenver-based provider of mortgage fulfillment and warehouse lending systems and loan processing services.”

“What is exciting about the current market,” she notes, is that successful companies have been quick to adjust to a business model that includes the opportunity to benefit from the massive layoffs from the large banks.”

Read the full article here!

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