IDC Financial Publishing, Inc.’s (IDCFP) research indicates loan to deposit ratios above 84% generate an acceleration in brokered deposits. IDCFP believes that as community bank mortgage lending accelerates, those banks not issuing brokered CDs could benefit from the advantages of using this form of funding. IDCFP took a look at…
The Mortgage Bankers Association (MBA) reported on January 29, 2016 that the week’s results for the MBA Purchase Applications Index were 17% higher than the same week one year ago after a flat pattern of no growth over many years. The index of MBA Purchase Applications should accelerate in 2016…
Many banks are looking for alternatives to raising rates or using advances from the Federal Home Loan Bank to attract new deposits. Banks with strong loan growth may raise funds and generate liquidity through issuing federally insured certificates of deposit (CDs). A large number of banks utilize the brokered CD…
