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December 30, 2014

Mortgage Loan Officers Continue to be in Demand

By Paul Muolo and Sherry Muolo

The general consensus among those interviewed is that nonbanks will be more aggressive in their recruiting than depositories.

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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