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Volume 2017 - Number 25

December 8, 2017

Regulatory Reform Efforts Making Progress

Regulatory reform legislation with limited bipartisan support is making its way through the Senate, and a change in leadership at the Consumer Financial Protection Bureau could provide further relief for the industry. This week, the Senate Committee on Banking, Housing and Urban Affairs approved a regulatory reform bill on a 16-7 vote. S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, would make adjustments to the standards for qualified mortgages ...

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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.
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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