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May 29, 2014

Short Takes: A Large MSR Deal in Trouble? / New Residential Issues Alt A MBS / Construction-to-Perm Heats Up / CFPB Slaps Alabama’s Largest Realtor with $500K Fine / DiMaio Departs GMH Mortgage

By Paul Muolo and Brandon Ivey

Construction-to-permanent loans are picking up a head of steam in certain markets. “Down here [in Florida] it’s extremely hot,” said Joe Adamaitis, vice president and residential lending manager for Insignia Bank.

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Poll

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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