Robert McLister·General·January 11, 2011BDM BDM stands for “Business Development Manager.” In the mortgage industry, BDMs most commonly work for lenders. Their role is primarily to generate new business and support existing business partners (e.g., brokers). Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.