Source: New York Times
Is the mortgage industry prepared for a younger, more diverse market? Not according to Dan Stevens, CEO of the Mortgage Bankers Association. However, just getting young people interested in the business is a challenge, because of the stigma around mortgage bankers from the recent housing market collapse. Some firms are offering opportunities for younger Americans via training programs, which for many participants is a welcome opportunity to develop new skills. More companies will have to prepare for the coming shift in demographics among home buyers.
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