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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

What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.

35%

I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.

14%

Not bad, but he needs to take his time making additional changes.

12%

We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

39%