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June 12, 2018

Lenders Pessimistic About Profit Margins for 3Q18, Cuts to Staff Expected

By Brandon Ivey

Fannie Mae: ďWe expect this will prompt businesses to turn to cost-cutting..."

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Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

vote to see results