Tech Products, eNote News; MB Financial Bails and Sails

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Posted To: Pipeline Press

“Rob, are you hearing of companies where branches are being picked off due to new budgetary constraints, and where new recruiting has become problematic for primarily the same reason?” Yup. Companies continue to look at management or regional layers (are they needed?), real estate costs (are all these leases needed for all these branches?), the cost of doing business (pressuring back office staff for every basis point yet continuing to pay mightily on the production side), and LO productivity (directives to LOs to do a minimum of 3 loans per month but not telling them how to do it, or give them the tools). Some companies like MB are saying, “Enough.” Lender Products and Tech Survey ACES Risk Management (ARMCO) releases an on-demand webinar focusing on how to best prepare…(read more)

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