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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Non-QM lending has snapped back nicely from its pandemic doldrums, with 2022 a particularly robust year for originations earning a four percent share of the total mortgage market.
Now, the question is, what do lenders and investors need to be alert for to be able to negotiate this year’s non-QM markets?
