Tag:
Correspondent Lending
Latest Headlines
Latest Headlines
Other banks aim to gain on struggling Bank of America
Once the on-going bank industry turmoil ends, who will be in the driver's seat in the consumer mortgage market? The hope among many banks is that Bank of America will be so weakened that a massive
Bank of America in talks to sell correspondent mortgage unit
Bank of America is in talks with alternative investment company Fortress Investment Group. More specifically, the acquirer would be the Fortress-owned Nationstar Mortgage Holdings, which has
Bank of America seeks to exit correspondent lending
In these leans times, Bank of America would like to pare its retail mortgage business down to a direct-to-consumer model and jettison everything else. To that end, it has exited the reverse mortgage
