Items Tagged with 'retail mortgage'

ARTICLES

  • Battle erupts over allegations that retail lenders are overcharging veterans for mortgages

    AIME's Anthony Casa accuses Fairway, Quicken, others; Fairway fires back
    For approximately 18 months, HUD, Ginnie Mae, and the VA have been looking into whether certain lenders are aggressively targeting servicemembers and military veterans for quick and potentially risky refinances of their mortgages. And now, retail mortgage lenders are facing new accusations that they are overcharging veterans on VA loans. But these accusations aren't coming from the government. Rather, this is some rather nasty mortgage industry in-fighting.
    Read More
  • HomeStreet Bank finds a buyer for its retail loan centers: Homebridge

    Reaches non-binding agreement to sell to Homebridge Financial Services
    In a deal that will likely make changing the outside signage a little easier, HomeStreet Bank inked a deal to sell part of its retail mortgage business to Homebridge Financial Services. The deal would likely include HomeStreet's 72 home loan centers in five states as well as a number of mortgage professionals.
    Read More
  • TCF Bank completes acquisition of Rubicon Mortgage Advisors

    Rebranding as TCF Home Loans
    TCF National Bank, a Minnesota-based depository, announced that it has completed its acquisition of Rubicon Mortgage Advisors, a mortgage lender with offices in Minnesota and North Dakota and licenses to operate in South Dakota, Wisconsin, Colorado, and California.
    Read More
  • BOK Financial adds new retail channel leader

    J. Edward Adams to lead operations in 15 cities
    BOK Financial recently announced it named J. Edward Adams as its new retail mortgage channel leader. Adams brings 29 years of retail mortgage lending experience and will direct and expand the bank’s retail mortgage lending efforts for BOK Financial’s mortgage origination operations in 15 cities.
    Read More