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April 13, 2018

Chicago Bank Pulls the Plug on National Residential Lending, Will Take a $37 Million Hit (At Least)

By Paul Muolo

MB Financial plans to keep originating home loans in the greater Chicago area and will keep its mortgage servicing platform intact.

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Poll

With loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.

45%

Yes, but only incrementally.

16%

We’re pondering a move into non-QM, but haven’t made up our mind.

13%

No, definitely not. We view it has too risky.

26%