Happy Holidays from the entire Virginia Title Center Team!
Four Keys to Attract the Best Talent at Your Financial Services Organization
by Byron Marshall
With low unemployment rates and the diminishing talent pool in the financial services industry, it is time for hiring managers and leaders to adopt the right steps to take their business to the next level in 2019. Click HERE to learn more about how to attract the best talent.
What's the Right Strategy for Growing a Mortgage Business In the Midst of a Downturn?
from Housingwire
It's not easy being a lender in this market. With origination volume down and margins compressed, consolidation among mortgage companies is expected to continue, and even increase. But according to Stanley Middleman, president and CEO of Freedom Mortgage, current market conditions also present a real opportunity. Click HERE to watch the interview with Middleman.
The Surprising Reason Emerging Leaders Stop Emerging
by Karin Hurt
Coach emerging leaders on how to constructively express themselves. Tomorrow's leaders may never reach that designation if we don't allow some leeway for communication that comes across as overly enthusiastic or candid, writes Hurt. "We don't just need more people speaking up, we need to help our emerging leaders speak up in a way that can be heard so their ideas can add the most value." Click HERE to learn more.
Podcast: Sales and the Magic Touch of High-Touch Coaching
via BAI Banking Strategies
Coaching a sales team in an age of runaway high tech is arguably harder than ever. Enter high-touch coaching, which marries digital savvy with focused, one-on-one feedback. Click HERE to listen to interview with Lisa Oliver, president and CEO of The Cooperative Bank of Cape Cod to learn more.
People Prefer Small Banks, But the Clock is Ticking
from The Financial Brand
Research reveals a sobering assessment of the challenges community banking providers and smaller institutions face with respect to their digital capabilities. Experts weigh the results and offer advice. Click HERE to learn more about what the survey reveals about consumer preferences and expectations.
Mortgage Escrow Fraud is a $1 Billion Cyber Threat - Here's What Homebuyers Need to Know
by Natalie Campisi
The FBI estimates that in 2017 escrow cyber thieves either successfully or attempted to wire almost $1 billion to criminally controlled accounts. This is a sharp increase from the $19 million figure in 2016.
Escrow fraud preys on ignorance and hastiness as it relies on fake email accounts to execute the scam. Vigilance is the key to averting escrow fraud, according to experts. Consumers need to know the risks and take the proper steps. ClickHERE to get the details and learn how to protect your clients.
It is not in the still calm of life or the repose of a pacific station
that great characters are formed. The habits of a vigorous mind
are formed in contending with difficulties.
~ Abigail Adams, first lady and political adviser ~
**Remember to offer your borrowers Owner's Coverage on their most valuable investment. It's a one time premium with a lifetime of security. In addition, they will receive a reduced premium rate when they obtain it simultaneously with your Lender's Coverage.**
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Past issues of the Virginia Title Center E-News are archived on our website HERE
Patti L. Dickerson
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People Prefer Small Banks, But the Clock is Ticking
