Guaranteed Rate is one of scores of independent mortgage lenders and community banks pushing up through the rubble of the housing collapse, as profits rise amid improving demand for home loans for new purchases or mortgage refinancing. They are winning business from banks such as Citigroup Inc or Bank of America Corp that have retrenched after the financial crisis.
Big banks exit lending as smaller players step up
Most Popular Articles
Latest Articles
NAF’s Gatling: Recognize that diverse communities are the norm
Mosi Gatling of New American Funding shared perspectives on housing conversations among diverse communities at The Gathering.
-
Buyers are struggling to compete in the white-hot Cincinnati market
-
HUD details funding, policy support for green homes and climate resilience
-
Pending home sales post a modest gain in March: NAR
-
Anywhere reports losses during the slower winter season
-
Wendy Forsythe joins eXp Realty as chief marketing officer