Salt Lake City, Utah-based Castle & Cooke Mortgage announced it opened a new branch office in Anaheim, California, that will be managed by Michael Otto.

Otto has nearly 20 years of mortgage banking experience in Southern California, with several past management roles at large financial institutions, including Carrington Mortgage Services and Pacific Mercantile Bank.

“Michael and his team will expand the company’s market share by providing customers with superior service while working hand in hand with local real estate professionals to help Anaheim residents achieve their dream of homeownership,” said Jim Mitchell, Castle & Cooke Mortgage’s Southern California regional manager.

“The high demand and lower inventory in Orange County and the Southern California housing market in general frequently puts pressure on borrowers and their loan arrangements,” said Otto.

Most Popular Articles

CFPB to consider changing or eliminating TRID rule

The CFPB has been taking a long, hard look at some of its rules and regulations. Next up on its list to review is TRID, and it looks like eliminating the rule entirely is not off the table.

Nov 20, 2019 By

Latest Articles

Existing home sales climb 1.9% on low mortgage rates

Despite lingering regional variances, the nation’s existing home sales increased 1.9% in October, according to the National Association of Realtors. This means sales are now 4.6% above October 2018’s rate.

Nov 21, 2019 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please