How to hire Millennials in today’s aging mortgage industry

millennials seek careers that allow them to have purpose and observe having a larger, positive impact on society. Many of our ideal careers simply don’t pay enough to support a family and take time away from these other passions. A Lack of Women Leaders in the Mortgage Industry

Mortgage Delinquencies Reach 6-Year Low, Near Normal Levels – Finance Post Mortgages that were at least 90 days past due or in foreclosure fell [.] Serious Mortgage Delinquency Rate Falls to 6-Year Low – Finance Post The share of U.S. home loans that are seriously delinquent has fallen to the lowest level in six years as the job market improves, allowing homeowners to stay current on mortgage payments, while higher home prices have made it easier to sell.

When it comes to hiring millennials, banks have a few hurdles to clear. According to CSI’s study, 91% of millennials believe that working at a financial institution is a respectable career choice (94% of both baby boomers and Gen X believe the same). But the majority of millennials aren’t preparing themselves for positions in banking.

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We talk an awful lot about Millennials and Generation Z. How to attract them, hire them, and keep them in our company. Many studies have been done, experts have been consulted, all to figure out the magic formula to keep these younger generations happy and engaged. But what about the aging workforce and its challenges? Aging workforce statistics

With Millennials rapidly entering the employment space, one of the most daunting issues Singapore HR professionals will face this year is the management of a multi-generational workforce, a new survey shows. released yesterday, the Randstad Sourceright’s 2015 talent trends report also identified.

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These jobs tend to be in places with a lot of people, like California, Texas, New York and Illinois, which tend to hire the most operations managers. Millennials will change. sales managers is.

With a conventional loan, the private mortgage insurance can also go away — unlike FHA mortgage insurance premiums, which continue to be assessed over the life of a loan, even after you have 20 percent equity in a home. Piggyback loans. Millennials can sidestep mortgage insurance altogether by choosing a lender that offers "piggyback" loans.

Companies that hire and promote diverse individuals are attractive to most millennials, and these companies also send a message that they value people’s uniqueness and do not expect them all to act one way. Have a brand millennials connect to. As mentioned earlier, millennials value purpose over money. If your company does something that adds value to the world, millennials will be interested in.