BOK Financial Mortgage, a division of BOK Financial, recently announced the hiring of Lee Wardlow to lead its mortgage servicing business. Wardlow will serve as director of loan servicing for BOK Financial Mortgage, which boasts a servicing portfolio of approximately $23.1 billion spread across 144,000 customers in the U.S.
Not too long ago, BOK Financial announced several expansions in the correspondent space. Today the company said it plans to shut down its correspondent lending channel after an evaluation of the lender's business and current market conditions. Here's what changed for the company.
In this role, DeLuca is tasked with growing the correspondent channel’s non-delegated lender platform, managing the mortgage credit risk for correspondent lending and managing all underwriting personnel, functions and resources.
BOK Financial named Glenn Brunker to lead BOK Financial Mortgage, bringing nearly 30 years of financial industry experience to his new role. In this position, Brunker is charged with managing all mortgage origination channels.
In the latest installment of Friday Funding, we sit down with the Senior Vice President of Correspondent Mortgage Services at BOK Financial Robert Ross to learn how the firm provides a unique and focused strategy.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.