Your Voice: Who Wants to be a Mortgage Banker?
November 12, 2013
Posted in Press, What's Hot
By Phil Hall
There is no problem earning a very good living in our industry. Newcomers need to know there is a career path.
If statistics are any indication, the mortgage banking job market could be seen as an example of taking two steps forward and one step back. According to the Mortgage Employment Index published by the trade
journal Mortgage Daily, the industry hired 8,059 workers during the first quarter of this year. However, 2,930 were laid off during that quarter – with many of the layoffs coming from such major institutions as JPMorgan Chase, Bank of America and Wells Fargo.
But within the industry, there is a sense of optimism that many newcomers to the workforce will identify mortgage banking as an invigorating environment to begin and grow their professional lives.
“There is no problem earning a very good living in our industry,” says Daniel Jacobs, president of retail branching at Columbus, Ohiobased Residential Finance Corp. “Newcomers need to know there is a career path.”
Mortgage Brokers and Big Banks: Can This Marriage Be Saved?
October 21, 2013
Posted in Hear from the Experts, Press
Executives at some big banks are balking at working with mortgage brokers as closely as they did in the past due to fears that such relationships expose them to secondary market risks. If they can get beyond this admittedly formidable hurdle, the pair may be able to avoid divorce court.
“Is there benefit to it? Sure. Is there risk? Yes. Is the risk greater than in the past? It’s debatable. Is there heightened awareness of that risk? Absolutely,” says Andy Dunn, a senior attorney at Wolters Kluwer Financial Services. Read More >
Hammerhouse Expansion Driven By Lender and Loan Officer Demand For Services
October 17, 2013
Posted in Our Blog, Press, What's Hot
Adds two new hires to support client growth and expand national mortgage sales recruiting infrastructure
MISSION VIEJO, CALIFORNIA – (October 15, 2013) Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, announced today it hired Jessica Johnson and Ryan Grigsby to further support client growth and expand the company’s national mortgage sales recruiting infrastructure due to significant demand for its services from both lenders and loan officers.
“Hammerhouse is experiencing unprecedented demand for its strategic recruiting methodology and services as we continue to be the go to option for results. The addition of Jessica and Ryan will increase our capacity to effectively support current and future clients,” commented Drew Waterhouse, Managing Director of Hammerhouse. Read More >
Boost Your Bottom Line With Recruiting
October 15, 2013
Posted in Hear from the Experts, Press, What's Hot
Drew Waterhouse, Managing Director, Hammerhouse LLC
Scotsman Guide’s Residential Edition, October 2013
Learn what to look for when choosing a recruiter for your company
According to a recent study from Boston Consulting Group, recruiting has the highest impact on corporate profits of any talent-management activity. Human resources consultant and author John Sullivan interprets the study’s findings to suggest that companies with high-performing recruiting effor ts experience almost 10 times the impact on company profits as those with low-performing recruiting functions. This impact is known as the “recruiting effect.”
In the world of mortgage-sales recruiting, brokerages and banks should seek out recruiters that have a developed philosophy, processes, best-practice strategies and quantitative measurements that are designed to maximize the recruiting effect and improve their clients’ corporate performance and profitability. These processes and measurements may include: Read More
Recovery Tips – High Impact Recruiting
October 7, 2013
Posted in Press, What's Hot
By Drew Waterhouse
This is how production output can really come together in order to meet the demand curve —Economics 101.
Mortgage leaders and executives face an ever-changing set of challenges as they work to position, and then manage
their organizations through a market that never stays the same for long. Consequently, the ability to remain flexible and nimble in response to these changing market fluctuations can dramatically differentiate one firm from another. Managing the changes required from human capital and sales to remain positioned for success is one of the most significant challenges mortgage leaders face. An effective recruiting program and business plan can empower a mortgage firm to grow production and retain operational employees at levels that help the firm achieve maximized production results.
Work-Life Balance: Find Your Model-Match
September 27, 2013
Posted in Press, What's Hot
Fri, 2013-09-27 15:52 — Eric Petersen
Today, many companies are coming to the conclusion that there are more to company benefits than just the usual perks. In an ever-changing, competitive world of adding top talent, culture plays a big role. During the recruiting, hiring and retaining process, it comes down to culture. Although culture can encompass many aspects, one that seems to stand out as an overlooked fringe benefit would be work-life balance. In some cases, the individual candidate is not even aware that this is a component to consider when evaluating companies.
A recent Accenture survey of 4,100 business executives, from medium- to large-sized organizations, revealed work-life balance—above compensation, recognition and autonomy—was the determining factor in the overall success of their careers. The results also found half of those surveyed had turned down job offers due to how the job would impact their life. Read More >
Hammerhouse adds three new employees
August 12, 2013
Posted in Press
Hammerhouse, a recruiting firm for mortgage firms, hired Jason Kutcher and Eric Pennell as strategic growth partners and Scott Hollo as a junior recruiter to expand the company’s national mortgage sales recruiting division. Read More >
Hammerhouse Adds Three to Its Growing Team
August 9, 2013
Posted in Press
Thu, 2013-08-08 14:19 — NationalMortgag…
Hammerhouse LLC has announced that it has hired Jason Kutcher and Eric Pennell as strategic growth partners and Scott Hollo as junior recruiter to support client growth and expand the company’s national mortgage sales recruiting infrastructure. “As our clients expand their production and operations teams across the U.S., Hammerhouse is hiring experienced professionals as well as younger and mid-career talent commitment to setting a new standard for recruiting in the mortgage industry,” said Drew Waterhouse, managing director of Hammerhouse. “We are pleased to have Jason and Eric join our team, both who will immediately be able to step in and support our clients. Scott is a great model-match for Hammerhouse and will be instrumental in recruiting the next generation of younger originators that will help lead the mortgage industry forward.” Read More >
Hammerhouse Continues To Expands Professional Staff To Meet Demand
August 8, 2013
Posted in Press
Three new hires will help expand the company’s national mortgage sales recruiting infrastructure
MISSION VIEJO, CALIFORNIA – (August 8, 2013), Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, announced today it hired Jason Kutcher and Eric Pennell as Strategic Growth Partners and Scott Hollo as Junior Recruiter to support client growth and expand the company’s national mortgage sales recruiting infrastructure.
“As our clients expand their production and operations teams across the U.S., Hammerhouse is hiring experienced professionals as well as younger and mid-career talent commitment to setting a new standard for recruiting in the mortgage industry,” commented Drew Waterhouse, Managing Director of Hammerhouse. “We are pleased to have Jason and Eric join our team, both who will immediately be able to step in and support our clients. Scott is a great model-match for Hammerhouse and will be instrumental in recruiting the next generation of younger originators that will help lead the mortgage industry forward.”
Jason Kutcher, Strategic Growth Partner
Mr. Kutcher joins Hammerhouse from a national mortgage banker were he focused on mortgage sales recruiting across a number of different markets and developed significant relationships throughout the mortgage industry. Mr. Kutcher has deep experience in meeting the long term business goals of both producers and lenders and has detailed knowledge of the recruiting due diligence process that candidates must experience when evaluating a potential change. Mr. Kutcher will be based in Hammerhouse’s Mission Viejo, California office and report to VP, Strategic Growth Partner Grant Lupo to help support clients throughout the U.S.
Eric Pennell, Strategic Growth Partner
Mr. Pennell comes to Hammerhouse with significant management experience after a total of 15 years in the restaurant industry. During his career, Mr. Pennell, has demonstrated the ability to establish strong relationships across various groups of professional through proactive communication and deliver best-in-class customer service. Mr. Pennell understands how to effectively research, advise and consult people through work-related processes. Mr. Pennell will be based in Hammerhouse’s Hickory, North Carolina office and work directly with Managing Partner, Eric Levin and the company’s East Coast team supporting existing clients.
Scott Hollo, Junior Recruiter
Mr. Hollo joins Hammerhouse with a strong background in customer service in the food services industry. During his career, Mr. Hollo has demonstrated attention to detail and a desire to build relationships with customer, which is a direct compliment to Hammerhouse’s Model-Matching methodology. Mr. Hollo will be based in the Hickory, North Carolina office and work with Managing Partner, Eric Levin, Strategic Growth Partner Iva Anderson and the company’s East Coast team to help identify new model-match opportunities for the clients and candidates.
About Hammerhouse LLC
Hammerhouse LLC is an expanding national recruiting and strategic growth firm for the financial services industry with mortgage sales and leadership placement at its core. Founded in 2008, Hammerhouse partners with clients to source, attract, model match, hire and retain revenue-generating human capital at all levels of an organization—- from production to executive leadership. Through its unique model matching process, Hammerhouse helps mortgage bankers and depositories as well as private equity firms entering and expanding in the market, expand top line revenue by adding experienced mortgage professionals that focus on purchase business and have developed transferable relationships from referral partners and past customers. For more information on Hammerhouse LLC, please visit http://www.teamhammerhouse.com.
Media Contact: Cara Hopkins Director, Client Relations – Telephone: 949.655.0385 x129 or email: firstname.lastname@example.org
As Published In:
National Mortgage Professional
Hammerhouse Celebrating Fifth Anniversary
July 22, 2013
Posted in Press
by MortgageOrb.com 15 Jul 2013
Mortgage industry headhunting firm Hammerhouse LLC is celebrating its fifth anniversary this year.
The company reports that over the next several weeks, it will be holding various employee appreciation events to celebrate this milestone. In addition, it is making a cash donation to the Academy Foundation for the Future on behalf of its employees. The charity supplies financial resources materials and labor to disadvantaged individuals, families and communities in need of assistance in the areas of infrastructure, education and housing. Read More >