Mortgage profits fell in 2017…what about yours?

Have you ever analyzed your productivity per employee? This is a key indicator in whether your bank makes or loses money in mortgage origination. Personnel expenses averaged $5,346 per loan in 2017, compared to $4,801 the prior year. Productivity fell to 1.9 loans originated per production employee from 2.4 in 2016. Production employees include sales, […]

What is your mortgage strategy?

This month we are featuring a guest Blogger from Godfrey and Kahn Law, Attorney Peter Wilder. For more information about Peter, visit A few years ago, as regulators began rolling out the regulations issued under Dodd-Frank, it became clear that for community banks the “hurt” of Dodd-Frank would largely be felt in their mortgage lending […]

What is your cost to produce a mortgage loan?

That is a challenging question to answer these days. We have seen our industry go through a seismic shift in how we handle the regulatory burden. We have just come off the historic TRID changes and we are now fully embarking on the new HMDA changes. In a March 28, 2017 issue of Housingwire magazine, […]

HMDA 2018

OK, maybe your institution isn’t as excited as our mortgage operations team is, but HMDA is the Q4 buzzword around here. The CFPB estimates the average cost to maintain ongoing HMDA compliance will range from $9 a loan for institutions originating 2,500 mortgage loans per month, up to $57 per loan for mortgage lenders originating […]

Introducing Northpointe Community Lending

Northpointe Bank is excited to announce that we have expanded our product portfolio to include a private label mortgage solution for community banks and credit unions across the United States. This new business unit is called Northpointe Community Lending, signifying Northpointe’s commitment to acting as a silent partner to our clients. This channel, led by Neil Armstrong (senior […]


FDIC - Equal Housing Lender