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Hooray! It’s Take Your Kids to Work Day

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lend-like-your-kids-live-here-take-your-kid-to-work-childOkay, who thought it would be a good idea to bring their kids to work?  It seems a little counterproductive to me.

Maybe, they thought it was a great opportunity for parents to bond with their children while the kids got a chance to see what the heck mom and dad did all day; while they slaved over tough subjects at school. Whatever…

Today is the day when many parents take their children to work.  Unless things are planned properly if your kids are anything like mine were, by 10 AM, they’ll be bored and bugging you to go home or to play on the company computers. Hey, what about system security?

As is the case with anything, it takes planning and execution. One, without the other, doesn’t do much good.

Hopefully, someone in HR took the time to plan out a day of various activities to keep the little ones interested and occupied and there is someone around to execute the plan.

Otherwise, you’ll have a gathering of bored kids with nothing to do and that’s a breeding ground for real problems. Unfortunately, no good deed goes unpunished. You better be ready.

Planning and execution are a good recipe for success in any endeavor. What’s yours for continued success?

Things are changing fast in mortgage lending. Rates are rising, credit is tightening, products are expanding, refi’s are declining and there is a shortage of homes for sale. Plus, more lenders are vying for a piece of a shrinking pie.

Do you have the products and service to keep your LO’s interested and busy? If not, you may find they drift away to play for another company that will keep them interested.

Are you generating quality, compliant loans? The type of loans you would do for your own children?

Take the time to analyze the situation, create a plan, and then do what needs to be done to properly and timely execute it.

If you are without a plan, you’re planning for failure. If you don’t properly execute your plan, you may be planning your business’s execution.

Have a happy TYKTW day!

 

Editor’s Note: The HR department at LoanLogics did have a plan, an agenda, guest speakers and more for the LittleLogics kids!

Michael Vitali

About the Author

Michael Vitali

Michael L. Vitali – Independent Consultant to the Mortgage Industry Mike Vitali is an independent consultant to the mortgage industry on matters concerning compliance and mortgage lending. He most recently served as the Senior Vice President and Chief Compliance Officer for LoanLogics, monitoring regulatory developments and their practical implications for the mortgage lending industry. His duties included research, interpretation, and analysis of existing and proposed legislation related to the industry in support of recommendations for policy and/or procedure changes to maintain continued quality and compliance with all applicable laws, rules and regulations, investor requirements, and standard mortgage practices. In his more than 40 years in the mortgage industry, in senior level management, he has gained experience in all areas of mortgage lending, risk management, and compliance. Mike is a past President of the MBA of Greater Philadelphia, is a charter member and was the second Chairman of the MBA of Pennsylvania, and a past board member and Legislative Chair of both associations. He is a recipient of the 1998 Mortgage Banker of the Year Award from the MBA of Greater Philadelphia, and the 2003 Chairman's Award from the MBA of PA, and currently serves on several compliance related task forces for MBA.
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Michael Vitali

About Michael Vitali

Michael L. Vitali – Independent Consultant to the Mortgage Industry Mike Vitali is an independent consultant to the mortgage industry on matters concerning compliance and mortgage lending. He most recently served as the Senior Vice President and Chief Compliance Officer for LoanLogics, monitoring regulatory developments and their practical implications for the mortgage lending industry. His duties included research, interpretation, and analysis of existing and proposed legislation related to the industry in support of recommendations for policy and/or procedure changes to maintain continued quality and compliance with all applicable laws, rules and regulations, investor requirements, and standard mortgage practices. In his more than 40 years in the mortgage industry, in senior level management, he has gained experience in all areas of mortgage lending, risk management, and compliance. Mike is a past President of the MBA of Greater Philadelphia, is a charter member and was the second Chairman of the MBA of Pennsylvania, and a past board member and Legislative Chair of both associations. He is a recipient of the 1998 Mortgage Banker of the Year Award from the MBA of Greater Philadelphia, and the 2003 Chairman's Award from the MBA of PA, and currently serves on several compliance related task forces for MBA.
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