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BMO Mortgage Arm – 1Q Performance

BMO BMO says its “growth in branch-originated mortgages more than offset the impact of [its] exit from third-party and broker mortgage channels.” 

BMO’s market share versus a year ago is still down 1.43%, however, and it’s down 1/4% from last quarter.  Meanwhile, the company is hard at work further training its branch-based mortgage salesforce.