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June 2, 2014

Just 13 Depositories Reported a Net Loss From Mortgage Banking in 1Q

By John Bancroft

The first quarter of 2014 marked the lowest point in mortgage banking income for depositories since the second quarter of 2011.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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