The worse the news, the more people you should tell and the quicker you should tell them.
Like raising a child, originating a mortgage these days, seems to take the work of an entire village to ensure it closes on time! Working on the compliance side of the loan process, but with the experience of originating fresh in my mind, I’ve noticed a few patterns lately when loans have problems at or near closing.
Shore Financial Services, Inc., one of the nation’s leading independent mortgage lenders and the parent company of United Wholesale Mortgage, has hired Michael Kaysen as its new Chief Operating Officer. The announcement was made today by Kip Kirkpatrick, Shore Chief Executive Officer.