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Volume 21 - Number 16

August 11, 2017

Mortgage Hiring Spree Tapering Off

The third quarter of any given year is usually among the strongest in terms of residential loan originations, but new employment figures from the Bureau of Labor Statistics suggest that many mortgage lenders are being careful about hiring these days. Loan brokers on the other hand appear to a bit more liberal. But interviews conducted by Inside Mortgage Trends over the past week suggest that plenty of nonbanks are continuing to search for help, especially firms that ...

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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