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Wholesale mortgage banking

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Wholesale mortgage banking
The purchasing of loans originated by others, for the acquisition of the servicing rights.
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said Monday that it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the nation's housing and mortgage markets.
BRIEFCASE by Daily News (Los Angeles, CA)
13, WACHOVIA CORPORATION, Charlotte, North Carolina, announced it had signed a definitive agreement to acquire San Diego-based wholesale mortgage banking firm AmNet Mortgage Inc.
AmNet Mortgage to be acquired by Wachovia Corporation by Mortgage Banking
Dawson comes to Anchor with a successful career in both retail and wholesale mortgage banking, most recently having been Senior Vice President and Director of Wholesale Operations for Republic Mortgage Services Company in Columbia, South Carolina, and its affiliate, First Performance Mortgage Services.
Charles W. Sewright Jr by Real Estate Weekly
 
 
 
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