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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Guild Mortgage announced that CEO Mary Ann McGarry will retire in June, following a 40-year industry career. So reports The Mortgage Note.
McGarry, who will stay on the board of directors, will be succeeded by Terry Schmidt, currently Guild president.
Guild’s recent acquisitions include Cherry Creek Mortgage, Inlanta Mortgage and Legacy Mortgage, based in Colorado, Wisconsin and New Mexico, respectively.
