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August 11, 2017

Forget the Millennials. Gen Xers Still Make Up Bulk of Borrowers, Says New Report

By Sherry Muolo

Gen Xers on average favor making down payments of 20 percent, while Millennials tend to make down payments of 3 percent or less...

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How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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