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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

Itís 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 mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

vote to see results