Examine how DRE-licensed mortgage origination providers (MLOs) will survive the ongoing downturn in mortgage originations.
This MLO Recession Side Hustle Guide presents strategies often necessary to continue to make a living during the downturn. Topics include:
- how the recession will pare down mortgage loan originator (MLO) employment;
- what is the timing of the mortgage industry’s recovery from the 2023 recession;
- how to work with an evolving base of homebuyers and sellers to earn income even as the volume of traditional cash-to-new-loan sales slows;
- how to shift into foreclosure mode to earn fees from real estate owned (REO) property; and
- how to solicit and work with property investors during a recession.