I was talking to one mortgage employment specialist the other day who suggested to me that the residential finance industry has done a crappy job of preparing for its future, citing the aging workforce of loan processors and underwriters. He also suggested that college graduates might be shying away from careers in mortgage banking because of the horrendously bad press of the past few years. True or not? It’s hard to tell, but take a look at some of the newly formed mortgage firms of the past few years. They’ve been started by industry vets (John Robbins, Bill Starkey) with three and four decades of experience behind them, not one or two.
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