Community bankers who refused to give up on mortgage lending are becoming increasingly hopeful that volumes will rise in the next three years.

A survey released Thursday by mortgage software provider Ellie Mae (ELLI) found that bankers remain concerned about regulation and compliance costs, but many believe they can benefit from reduced competition and other lenders are forced out of the mortgage business. Ellie Mae surveyed 34 community banks.

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.