Friday, December 4, 2015

Agency News; Fannie's eClosing Project; Why So Much M&A?

Posted To: Pipeline Press

Hiring quick-thinking candidates is important, and Martin H. contributed, "There's another great answer to the traditional interview question, 'What is your biggest weakness?' The answer: 'Sometimes I get so wrapped up in my work that I forget to cash my paycheck.'" Day by day, week by week, the total number of banks continues to lessen. It is not because they are being shut down as in prior years, but they are merging or being acquired by other banks - and rarely are banks with more than $20 billion in assets doing the buying. The RMA reports a survey of community bank members finds respondents cite the the biggest catalysts for M&A activity are new market expansion opportunity, shareholder return, increased regulatory cost, increased regulatory burden, lack of organic growth, and increased...(read more)
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from Mortgage News Daily http://ift.tt/1Tpoi0j

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