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April 3, 2014

Short Takes: Bank of Hawaii Looking for a Mortgage Chief / Late Payments on HELOCs Set to Fall? / Another MSR Deal From MountainView / SWS Will Get a New Owner / Caliber Hires Correspondent Executive

By Paul Muolo

Bank of Hawaii is recruiting for a group executive to head its mortgage banking division. Korn Ferry has been hired to conduct the search.

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In 2016, what have you been paying your retail residential loan officers, on average, as a commission?

25 to 50 basis points per loan
51 to 75 bps
76 to 100 bps
101 to 150 bps
More than 150 bps
We’re a call center lender and don’t disclose that data point.

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