Gain-on-sale margins recovered nicely, and production volumes showed good growth, both year-over-year and over the fourth quarter.
More Quotes from Thane Bublitz:
They are definitely being affected by lower profits on sales of mortgages, and the shape of the yield curve. It's tough to totally offset these factors.Thane Bublitz
It's clearly a tough environment for CFOs to manage, given where the yield curve is, as they are directly responsible for managing balance sheets.
Thane Bublitz
The strategy of taking market share and growing its securities portfolio is going according to plan.
Thane Bublitz
There's a concern that there aren't enough people at the top to fill in for people leaving. They're not one of the ones that would come to mind initially when thinking of companies with a deep bench.
Thane Bublitz
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