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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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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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