Discussing the Attributes of Successful Mortgage Operation Leadership
Posted To: The Garrett Watts Report
My partners and I have visited many mortgage companies over the past year. We perform our FOCIS audit for warehouse lenders looking to identify hidden risks and potential “tapebombs” that may result in unexpected losses. We also perform FOCIS-plus studies for management and boards of mortgage companies who are looking for ways to increase revenues, control cost and better manage risk. Both studies require us to interview the senior management team and other middle management to uncover business practices and leadership styles. One of our key findings is how the leadership and behavior of the CEO influences a company’s management style and corporate culture. Whether it is good or bad leadership, the CEO’s style influences management from the senior level to the leads...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.