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April 25, 2014

What We’re Hearing: Who Will be Left Standing After the Great Mortgage M&A Tsunami? / Paul Reddam to Spend More Time With His Horses / Warehouse Ugly Too / $150 Billion in Ginnie MSRs Changed Hands / A Head Fake for Johnson-Crapo? / Glen Corso, Trade Group Chief

By Paul Muolo

At one shop based in the Midwest there’s unconfirmed talk of loan officers who haven’t been paid for months, unpaid leases and top executives who were on vacation as volumes collapsed.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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