General World News

Navigating movement in the mortgage industry series: Individual movement

Introduction

The mortgage industry is in constant flux, and talented loan originators and their teams are in high demand. Gone are the days when refinance applications provided a steady pipeline of loans for anyone holding a license. Today’s market rewards those originators who can secure steady pipelines of purchase mortgages and refinances from outside their employer’s existing portfolio. As mortgage lenders compete for this more rarified talent, originators are constantly enticed by new opportunities and potential bonuses. This movement, however, is not without legal risks for employee and employer.

The employee’s perspective

Generally speaking, individuals or groups are allowed details ⇒

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