MBA encourages mortgage lenders and servicers to participate in the 2009 Residential Compensation Survey Program, developed and administered by McLagan, a subsidiary of AON Consulting Worldwide. As in the past, the 2009 Residential Compensation Survey Program profiles over two hundred positions across all lines of business and functional areas within the single-family mortgage industry. The annual survey has three specialized compensation benchmark products focusing on residential mortgage banking, as well as productivity, incentive plan design and staffing analyses.

The full product listing includes:

• Executive Management and Production Administration Survey
  
• Loan Servicing/Loan Administration Survey
  
• Corporate Administration and Support Survey
  
• 2009 Incentive Plan Study
  
• 2009 Pay and Performance Analysis
  
• 2009 Reverse Mortgage Banking Survey
  
• Shared Services/Staffing Analysis
  
• Year-End Trended Data Report
  
• Year-End Management Reporting
  
• Select Cut Reports
  
• 2009 Correspondent Banking/Warehouse Lending Compensation Survey

Click here to download the 2009 Residential Compensation Survey Program Overview and Participation Form.

As in the past, MBA members receive a discount. Registration and program participation are required in order to receive the results.

In addition to the compensation survey programs, the MBA will be hosting its second annual Human Capital Management Symposium, to be held September 17-19, 2009 in Washington, D.C. Open to both residential and commercial mortgage lenders and servicers, the symposium will take place at our headquarters that include state-of-the-art conference facilities. Firms that participate in this survey program are invited to attend a special session that highlights compensation trends from the 2009 survey results. Topics to be covered include:

• Mortgage industry and economic overview
  
• Aligning human capital strategy with mortgage company business strategy
  
• Maintaining employee relations
  
• Leveraging variable workforce resources
  
• Employment law: managing risk and ensuring compliance
  
• Benefit trends: health and welfare, retirement, paid time off, personnel practices
  
• Training and development
  
• Performance management and incentive plans
  
• Compensation and performance trends: 2009 Compensation Surveys (mortgage and real estate)

For more information, contact Rob Northway at McLagan at (203) 602-1234 or one of the following MBA contacts: Marina Walsh at mwalsh@mortgagebankers.org or (202) 557-2817, or Adrienne Sund at asund@mortgagebankers.org or (202) 557-2879.

Note: MBA also sponsors a specialized compensation benchmark survey focused on the commercial real estate finance market.