Kenneth Mahon, the new CEO of Dime Community Bank, wants to reduce the 152-year-old institution's multifamily exposure by diversifying into other asset classes. But finding new business amid already fierce competition could be an immense challenge for Dime — and other community banks — in 2017.

Mortgage industry hiring and new job appointments for the week ending Dec. 30.

Mortgage industry hiring and new job appointments for the week ending Dec. 23.

A district court in Texas has filed an injunction against last year's Department of Labor ruling on loan officer compensation but lenders should hold themselves to that standard as basic compliance regardless of the outcome.

Mortgage industry hiring and new job appointments for the week ending Dec. 16.

Mortgage industry hiring and new job appointments for the week ending Dec. 9.

Loan volume and balances increased in the third quarter as costs stabilized, according to data from the Mortgage Bankers Association.

Mortgage industry hiring and new job appointments for the week ending Dec. 2.

Mortgage industry hiring and new job appointments for the week ending Nov. 25.

Mortgage industry hiring and new job appointments for the week ending Nov. 18.

Mortgage industry hiring and new job appointments for the week ending Nov. 11.

After nearly eight years of record-low mortgage rates and booming refinance volume, many signs indicate the run is winding down. Here's a look at 10 steps lenders should take now to stay profitable when rates rise and purchase loans drive the market.

Mortgage industry hiring and new job appointments for the week ending Nov. 4.

Mortgage industry hiring and new job appointments for the week ending Oct. 28.

Mortgage industry hiring and new job appointments for the week ending Oct. 21.

Mortgage industry hiring and new job appointments for the week ending Oct. 14.

Mortgage industry hiring and new job appointments for the week ending Oct. 7.

Mortgage industry hiring and new job appointments for the week ending Sept. 30.

Mortgage industry hiring and new job appointments for the week ending Sept. 23.

Mortgage industry hiring and new job appointments for the week ending Sept. 16.