Michigan Mutual went through a big expansion over the last year, hiring 90 new people, including 70 for its Southfield office.
The Port Huron-based mortgage lender now has 432 employees and three interns. The bulk of its operations is in Southfield. There an office of 280 employees handling underwriting and wholesaling of the mortgages Michigan Mutual sells.
"The focus last year was putting the right people in the right seats," says Hale Walker, co-founder & senior vice president of
Michigan Mutual. "The focus for the next year is talent."
Most of Michigan Mutual's business comes from traditional Midwestern and Southern states. The company is licensed to sell mortgages in 39 states and plans to grow by taking on more business along the U.S. Eastern seaboard and Western states, expanding by increasing its marketshare.
"There is a ton of potential for us to expand both east and west," Walker says.
Source: Hale Walker, co-founder & senior vice president of Michigan Mutual
Writer: Jon Zemke
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