Of greater concern is the volume of loans that the severed brokers originated historically and how the company will replace them with higher quality applications.
By driving identical workflows across a shared database of notaries, enterprise companies closing a high volume of loans have a centralized system for pulling audit reports and driving compliance.
The total volume of loans they are currently getting is similarly low: 2.3 percent of the roughly 54,000 doled out through the agency, down from 11 percent in 2008.
The bank is believed to be focusing on quality of loan applicants, continuity of deal flow and value of customers, rather than sheer volume of loans, according to industry services.