Vantaggi
The name is very strong and respected. Easy to promote your business through using the branding. Access to multiple marketing campaigns although it takes forever to get corporate approval.
Svantaggi
Pay. While they are competitive with other banks, the 35 bps per file means you have to close $1mm plus each month in order to make a living. Much less than the broker down the road who can make 150 bps per file easily. Underwriting is incredibly slow! At one point they REQUIRED 60 day locks while the rest of the open market was closing in 4 weeks. Now I hear they are at 30-45 day minimum and the rest of the market is at about 3 weeks. Local management seems to have been tenured and isn't looked at when production in the branches seems to be dropping.