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June 3, 2014

Short Takes: Correspondent Buyers Getting Picky? / Wells Fargo Choosey on HELOCs? / BofA Likes Home Equity Loans / When in Doubt, Recruit Top Talent / FHLB Advances Take a Dip

By Paul Muolo and

It’s no secret that aggressive mortgage banking firms are recruiting top executives and loan officers away from other firms. One of the busiest recruiters that we know of its Mortgage Master of Walpole, MA.

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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