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July 22, 2014

Prospect Mortgage Still Scouring for Lenders to Buy?

By Paul Muolo

“Prospect has a target list and they have an audience,” said one advisor. “But so far, in the mortgage M&A market there has been a lot of talk – with not too many deals getting done.”

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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.
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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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