Sentences with phrase «independent mortgage companies»

Now comes the escrow - account buster: In a major break with industry tradition, one of the country's largest independent mortgage companies wants to free the masses from mandatory escrow accounts and let borrowers go DIY.
It's underpenetrated,» Denmar Dixon, chief investment officer at independent mortgage company Walter Investment Management Co., said at a recent conference.
It's underpenetrated,» said Denmar Dixon, chief investment officer at independent mortgage company Walter Investment Management Co at a conference in December.
«Mid America's program will bring particular value to independent mortgage companies as they will be able to receive cash upfront while loans are undergoing due diligence,» says Michael Lima, managing director of trading for Mid America.
There also are independent mortgage companies with an interest in serving consumers with affordable housing needs, but these usually are nonbanks that lack the ability to portfolio loans.
«Nonbank mortgage originators and servicers — i.e. independent mortgage companies that are not subsidiaries of a bank or a bank holding company — are subject to far greater liquidity risks but are less regulated than bank - lenders and servicers.
According to Yellen, former Chair of the Federal Reserve, independent mortgage companies made risky «higher - priced» loans at more than twice the rate of the banks and thrifts; most CRA loans were responsibly made, and were not the «higher - priced» loans that have contributed to the current crisis.
Those that do less tend to be independent mortgage companies rather than depository institutions.
«Independent mortgage companies don't have the same legacy exposure.»
Directors Mortgage has grown to be one of the largest independent mortgage companies in the Northwest.
At Countrywide Funding Corp., the nation's largest independent mortgage company, the effort to reach buyers before anyone else is taking the form of a clear, consistent advertising message.
Banks, Brokers, or independent Mortgage Companies (like us).
That's why in February 2017, Vantage Production surveyed nearly 1,400 mortgage professionals at all types of mortgage organizations — banks, independent mortgage companies and credit unions.
That's why in February 2017, Vantage Production surveyed nearly 1,400 mortgage professionals at all types of mortgage organizations — banks, independent mortgage companies and credit unions.
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