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March 12, 2014

Springleaf Strikes Deal to Sell $1 Billion of Loans Serviced by Penny Mac

By Paul Muolo

Springleaf is no longer making new real estate-backed loans, but it continues to shed legacy mortgages.

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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.
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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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