Employee retention

From volunteer trips to virtual costume parties, lenders are looking for new ways to boost employee wellness to keep their teams happy and healthy.

Mortgage originators are still struggling with profitability, and getting their income and costs to pencil out could mean the company's survival.

An emphasis on camaraderie helps this team become more relationship-minded with each other, their clients and their community.

Depending on how far rates fall, loan officers could be on the hook for a significant part of their compensation if borrowers refinance in an expedited period.

Direct-to-consumer may not fare as well going forward if a purchase market prevails, and some cross-pollination between depositories and nonbanks could occur.

Until employers rethink their policies and benefits, the challenges of the Great Resignation on businesses and employee well-being will persist.

The lender’s latest announcement comes one month after it laid off a third of its staffers in March and 900 employees in December in a disastrous Zoom call.

A “small number” of the more than 3,000 workers were affected by the snafu, the company said.

The lender is cutting approximately 3,000 employees in both the U.S. and India three months after its notorious December firing.

More company leaders have resigned as Better.com continues to pursue new executives in an attempt to fix its internal culture.

The lender and servicer cited negative media coverage over two dozen times in a filing describing the fallout of CEO Vishal Garg’s mass layoffs in December.

The company will be restructuring its executive team as it prepares to go public, with the board looking for a new chairman and a new president.

CFO Kevin Ryan will handle the day-to-day running of the company, as it works toward going public via its revised SPAC merger.

From gamifying work to taking the "hell" out of hell weeks, creativity in worker recognition is gaining steam among the firms listed in the Best Mortgage Companies to Work For ranking.

During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis. The pandemic has rapidly changed how banks engage with customers and employees; accelerating the shift from in-person interactions to digital engagements. Successfully leading a digital transformation requires much more than smart technology choices, culture is key.

The third annual survey seeks to identify and recognize the best employers in the industry.

Metrics and strategy are key at YCharts. So are mystery-flavored Oreos.

The companies on our third annual list of Best Fintechs to Work For (a ranking compiled by our parent company, Arizent) share an ability to create personal connections with employees, and offer top-tier benefits like generous sabbaticals, fully paid insurance, and parental leave on day one.

National Mortgage News is now accepting nominations for its second annual Best Mortgage Companies to Work For program.

Employees at Carson Group love the outdoors and regularly participate in events like the Spartan Race, a course filled with treacherous obstacles.