Lykken on Lending Internet radio show, my colleagues and I hosted a discussion on the latest news in servicing. As we do this on a fairly regular basis, what often surprises and impresses me is the high level of interest we often get from people who work in the industry as originators. It's not their job, but they're still interested in learning more about it.
I think this is the perfect model for how to succeed in your role, whatever it may be. The more you learn about what's going on in the peripheral professions and industries, the better you will become at playing your role in your own profession or industry. Why is that the case? Because learning more about industries other than, but related to, your own will help you to see how all the pieces fit together.
None of us operate in a vacuum. The decisions people make and actions they take in one industry will inevitably spill into other industries. If you take the initiative to learn about the industries with which your industry interacts, you'll be able to spot the trends and changes in time to actually do something about them.
That's why it's so important to pay attention to what's going on across all different sectors of the mortgage industry. It's never enough to simply do your job. You never know when your job and someone else's might have more to do with each other than you think. So never stop learning. You can never learn too much.
On the September 21 episode of my