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» Does MB Financial Exit Signal a Shift Toward Industrywide ‘Go Big or Go Home’ Mentality?
Does MB Financial Exit Signal a Shift Toward Industrywide ‘Go Big or Go Home’ Mentality?
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Midwest banking giant MB Financial shocked the mortgage market late last week with its decision to exit national lending, citing tight profit margins, lower originations and stiff competition. Now comes the big question: Who’s next?