Navigating the New Mortgage Landscape: Opportunities and Challenges Ahead

Loan Officer Freedom

Carl White

Mortgagemarketinganimals, Business, Loanofficer, Getmoreloans, Freedom, Mortgage, Loanofficercoaching, Carlwhite, Education, How To

5 • 743 Ratings

🗓️ 14 October 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White.

In this episode, your hosts, Carl White and Owen Lee dive deep into the current state of the mortgage industry, discussing both the challenges and the exciting opportunities that lie ahead.

With Owen set to become the Vice Chair of the National Mortgage Bankers Association, he shares insights from his extensive experience in the field.

Join us as they explore:

The evolving landscape of refinance opportunities and how to capitalize on them.
The impact of technology and predictive analytics on mortgage servicing and retention rates.
Strategies for loan officers to stay competitive in a market where servicers are aggressively pursuing their own clients.
The importance of maintaining relationships with past clients and leveraging technology to enhance communication.

Don't miss out on the chance to learn how to bring your A-game and thrive in the mortgage business!

Visit LoanOfficerBreakfastClub.com to join our community and get the latest updates!

Schedule a one-on-one free coaching call, click here or visit LoanOfficerStrategyCall.co

Transcript

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0:00.0	But I think, you know, kind of one thing that we're going to talk about, that along with the challenges, there's really opportunities also.
0:15.9	Does that make sense?
0:17.6	100%. I think it's the best time to be doing this. We've got a better story to tell than at any point in time in the last 30 months. So the opportunities are definitely out there. Yeah, I agree. So, hey, I guess I'm supposed to do that I like an official intro of some sort or something. So I'm speaking with Owen Lee. He wears a couple hats.
0:41.3	So the one hat that he wears is he's the CEO of the mortgage company that I hang my hat at
0:50.4	and have for the last. How long we've been working together, Owen?
0:54.3	I think we're getting close to 10 years now, Carl.
0:57.3	Is it? Yeah, okay. I, frankly, I thought it was a little longer than that, actually.
1:00.9	So, no, in a good way.
1:03.4	Yeah, in a good way. So somewhere around there, 10 years or so.
1:06.4	Yeah. And then you wear another hat, and I'm going to screw up, I'm going to screw up this other hat.
1:11.2	So what's the official title?
1:13.4	So I will be in about two weeks sworn in as the vice chair of the National Mortgage Bankers Association, which is a three-year commitment.
1:24.5	So I'll be the vice chair in 2025, the chair elect in
1:30.9	26, and then the chair in 27. Perfect. So how has it feel that your whole adult life, you
1:40.9	finally worked yourself up to being a chair? You know, it's just something about that. Hey, so what we were talking about before we hit the record button is, you know, there's a lot of
1:54.2	refinance, like, there's a lot of refinance opportunities, and we're going to talk about that.
2:00.1	And, you know, I think that the big, so there's some good news and there's some,
2:04.4	let's call it challenging news.
2:05.8	It's a little disturbing.
2:07.4	The whole challenges. Yep.
2:07.8	Yeah, a little disturbing.
2:09.7	But I think I really honestly believe that as long as we do things right, as long as we do
	...

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