President and CEO Mat Ishbia told employees in a conference call that United Shore will not let any of its 5,800 employees go.
“I’ll sleep on your couch before I lay somebody off,” Ishbia said.
This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
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United Shore has said there will be no layoffs at the mortgage lender, as many other businesses furlough employees or cut jobs due to the coronavirus pandemic. So reports the Detroit Free Press.
President and CEO Mat Ishbia told employees in a conference call that United Shore will not let any of its 5,800 employees go.
“I’ll sleep on your couch before I lay somebody off,” Ishbia said.