NMP National Mortgage Professional October 2020

Page 6

OCTOBER 2020

OCTOBER 2020

nmp

Volume 12, Issue 10

FEAR + FAVOR

NOTE TAKING Private investors see seller financing as the next big score

From preferential policies to suburban redlining, the next president will change housing in the U.S.

BE A PRO, BRO How to communicate professionally with clients

VIRTUAL SEXISM

How women are being demeaned at mortgage conferences

> SPECIAL SECTION

MORTGAGE’S MOST INFLUENTIAL WOMEN

LETTER FROM THE PUBLISHER

Volume 12, Number 10

STAFF

Women Leading The Way

O

ne of the things any editor enjoys is finding new voices to bring to a publication. In this issue, we’re thrilled to have not just one but two new columnists, and that both are female leaders in the mortgage world. Erica LaCentra is the marketing director for RCN Capital. She spoke for us last year at the Mortgage Star conference for women, where she delivered an impressive and impassioned presentation on being a young woman rising through the executive ranks and finding her voice in an industry dominated by a lot of machismo. Now she’ll be writing monthly for NMP on those same kinds of topics, or sometimes just on insightful marketing ideas. Either way, we’re looking forward to the ideas and insights from one of the industry’s most thoughtful participants. Meanwhile, for anyone who’s ever seen Mary Kay Scully doing a live workshop, it’s no surprise that she’d be a prize catch for any publication. As national sales trainer for Genworth Mortgage Insurance, Mary Kay brings great hands-on advice on how to be the best at our jobs, and she does it with wit, directness and clarity. If you want to be a better national mortgage professional (and who doesn’t?), then time spent with her column here in National Mortgage Professional magazine will be well worth it. We’re working to be sure that we not only bring readers great advice, strategies and insight, but to showcase differing views from multiple demographics. Clearly, mortgage origination, especially, is dominated by men. And there’s nothing wrong with admitting that sales in general often needs a little chutzpah to make it happen and make it fun. But there’s no shortage of advice columns by men in our industry, and it’s good to bring in great ideas from a different perspective. And while we’re at it, we’d be remiss not to point out that in this issue we also feature a score of inspiring women in the mortgage industry. Some have reached the top of their profession. Others are claiming success in various niches. But all of these women are approaching their careers, and serving the industry, in ways that are inspirational and motivational. Learning from people who bring their “A” game, after all, isn’t limited by what chromosomes are in play.

VIN CE N T M. VALVO Publisher, Editor & CEO

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| NATIONAL MORTGAGE PROFESSIONAL MAGAZINE

CEO, PUBLISHER & EDITOR Vincent M. Valvo ASSOCIATE PUBLISHER Beverly Bolnick MANAGING EDITOR Keith Griffin CONTRIBUTING WRITERS Lew Sichelman, Erica LaCentra, Ralph LoVuolo, Harvey Mackay, Pam Marron, Nick Roberson, Mary Kay Scully GRAPHIC DESIGN MANAGER Stacy Murray INTERACTIVE DESIGN DIRECTOR Alison Valvo USER EXPERIENCE DESIGNER Billy Valvo ONLINE CONTENT DIRECTOR Navindra Persaud MARKETING & EVENT ASSOCIATE Melissa Pianin HEAD OF ENGAGEMENT AND OUTREACH Andrew Berman FOUNDING PUBLISHER Joel Berman

Submit your news to editorial@ambizmedia.com If you would like additional copies of National Mortage Professional Call (860) 719-1991 or email info@ambizmedia.com

www.ambizmedia.com

© 2020 American Business Media LLC All rights reserved. National Mortgage Professional magazine is a trademark of American Business Media LLC. No part of this publication may be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the publisher. Advertising, editorial and production inquiries should be directed to: American Business Media LLC 345 North Main St., Suite 313 West Hartford, CT 06117 Phone: (860) 719-1991 info@ambizmedia.com


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Articles inside

Tell Me When The Dewarsmobile Shows Up

2min
page 56

My Best Deal

1min
page 53

Mortgages In Forbearance Drop Below 7%, But Ginnie Mae Is Up

2min
pages 50-51

The Irreplaceable Value of a Loan Officer

4min
page 49

Buyers Bulking Up

2min
page 41

Refis Roar While Purchase Loans Pull Back

2min
page 39

Fintech Saved the Mortgage Industry

2min
page 36

Leadership, Female Style

21min
pages 29-34

Virtually, Still A Boys Club

5min
pages 26-27

Getting Fired … Up

3min
pages 24-25

Superproducers Build Teams To Succeed

5min
pages 22-23

Don’t Get Too Comfortable

4min
pages 20-21

GIVE US THE BILL

3min
page 47

The House Is Up For Grabs

7min
pages 44-47

Helping Minorities Succeed Against All Business Odds

4min
pages 18-19

Train To Be Flexible And Accept Change

6min
pages 14-15

Four Positive Reasons To Help Clients Through Challenges

3min
page 12

Planning For The Future

3min
page 10

Seller Financing May Be Gold Mine For Private Capital

5min
pages 8-9

Women Leading The Way

1min
page 6
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