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DS News July 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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58 Truly inclusive hiring starts long before candidates come through the door, and companies should not expect a diverse talent pool to come to them. You cannot expect someone to have a seat at the table if they do not know where that table is. Rather, it is critical that companies are proactively reaching out to underrepresented groups to educate and familiarize them with the industry and the opportunities it has to offer—and everyone, both companies and individuals, has a unique part to play. rough these efforts, we can create an industry that better mirrors the people it serves. SPREADING AWARENESS For the mortgage industry, as for any industry, awareness is a key part of the recruiting process. You cannot expect someone to want to work in mortgage or housing if they do not understand it or the opportunities it holds. For the mortgage and housing industry, unless they have bought or sold a home, most will not have any experience with the industry. is is especially true for younger professionals who are less likely to own a home. Companies cannot assume that the potential employees they're hoping to reach are familiar with the mortgage industry; therefore, they must be prepared to spread awareness instead. Lenders, insurers, tech providers, servicers, and anyone else in the industry must first proactively engage with potential candidates about what the mortgage industry is before informing them of the opportunities available at their respective companies. Even those with some awareness may Feature By: Paul Miceli, Ph. D MEETING CANDIDATES WHERE THEY ARE Through partnerships, education, and proactive outreach, anyone can make a difference—both for their company as well as the broader mortgage industry.

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