Furious consolidation is underway in the mortgage arena as big banks chase and swallow mortgage bankers. But the mortgage banking pond still offers safe habitat for minnows.

Revolutions in banking seem like a dime a dozen these days, but the revolution in the mortgage business is the real McCoy. Once an industry dominated by savings institutions, it's been shaken by heavy inroads by mortgage bankers and now commercial banking companies.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.