Another Bank Exits Mortgage Origination, Citing Lack Of Scale
Enterprise Bank & Trust joins several banks that have scaled back residential lending operations amid mounting pressure to justify origination costs
Tagged: OceanFirst Bank
OceanFirst Bank Cuts 114 Jobs, Exits Mortgage Origination
Following a string of job cuts at Prudential Financial, TD Bank, Valley National Bank, JPMorgan Chase, Citibank, Barclays, and Ernst & Young.