Do You Have a Quality Mentorship Program?

    The purpose of a mentorship program is to facilitate field training for new hires that are not experienced so that they will receive the support they need to transition into productive members of the sales force. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit additional producers and provides management field training/experience to senior-level producers.

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Fintech Startup Maxwell Buys LenderSelect Mortgage Group

Maxwell, which offers a digital mortgage platform tailored to small and midsize mortgage lenders, has purchased LenderSelect Mortgage Group from Blue Ridge Bank. So reports NEXT Mortgage News.

handshake 220233 1280Terms of the deal for LenderSelect, which provides mortgage tools to 180 community banks and credit unions, were not disclosed.

The acquisition was Maxwell’s first but CEO John Paasonen said the fintech startup was contemplating further deals to expand.

Read the full article from NEXT Mortgage.

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