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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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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results