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Survey Finds Low Satisfaction, High Hopes Among Originators

In its fifth annual survey of loan originators, national recruiting firm Hammerhouse LLC found that out of more than 800 respondents, 56 percent are finding that while they still consider their job rewarding—both personally and financially—it's now less so than it was in the past.

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Originators Outline Struggles in Changing Market

According to results in Hammerhouse’s 4th Annual Survey of Originator Opinions, 44 percent of originators polled said the biggest challenge for the industry in 2014 will be "adding new relationships to support a purchase focused business" with purchase volumes still too weak to support the market. Given these obstacles and the continuing decline in mortgage volumes, 69 percent of originators expect overall volume to drop in 2014.

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