Blog Talk Radio Show September 19, 2011: Considering a Change?

Jon Traver, a mortgage industry consultant, joined the Lykken-On-Lending show today to discuss the issues and considerations associated with loan originators and mortgage branches shopping themselves to interested suitors.  Jon believes an LO or a branch manager is  not doing himself justice if he doesn’t do this.  He may find that he is in a perfect place, but he owes himself the effort to find out.  Jon has created a matrix of 100 things originators and the intended suitor should consider when trying to determine if the two are a good match for each other.  Examples include the sophistication of the suitor’s marketing resources.  This varies considerably and to some LOs it is vitally important.  To others not so.  The size of the suitor and its degree of oversight over the LO’s functions can vary significantly and can be a great thing for one LO but not so for another.  Jon’s bottom line is get to know the person to whom you are talking.  Consider far more than the surface stuff like product and pricing.  These can be important, but there is so much more to know.

Click PLAY to listen to the podcast of this week’s BlogTalkRadio/Lykken on Lending with Dave Lykken and MBSQuoteline‘s Joe Farr:

Listen to internet radio with David Lykken on Blog Talk Radio

MBSQuoteline supplies the essential market information necessary for effective decision making by Originators when assisting borrowers during the loan origination process, and for secondary marketing departments while managing pipelines. For additional information or to sign up for a free 2-week trial subscription, visit www.MBSQuoteline.com or call (800) 627-1107.

Tune in every Monday at 1:00pm(et)  for up-to-the-minute information on interest rates, loan programs and “hot” industry news related to the mortgage industry. Dial: (646) 716-4972 or log in at: www.blogtalkradio.com/lykken-on-lending