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Skyler Witman and John Washenko founded United First Financial in January 2010. Witman and Washenko launched their first company together in 1997, Accelerated Equity & Development, located in Bluffdale, Utah. Its mortgage reduction program won the Ernst & Young Entrepreneur of the Year regional awards in 2008. [1] [2]
A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]
The Utah Housing Corporation or UHC is a public corporation that the Utah legislature created in 1975 to advocate for affordable housing for lower-income residents in the state of Utah. UHC is an independent government agency that raises funds in order to offer mortgage loans to lower-income people and to provide resources to developers and ...
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In 2014 Homebridge funded $6.36 billion in home mortgage loans, [7] and nearly $12 billion in its servicing portfolio. [8] The company increased its funded home loans 36% in 2015 to $8.7 billion. [9] Also in 2014, the company was ranked number ten on Mortgage Executive magazine's list of the "Top 100 Mortgage Companies in America". [10]
PennyMac was the third largest mortgage lender, the sixth largest mortgage servicer, and largest aggregator of residential mortgage loans in the U.S. in 2019. [2] The company conducts its business through a consumer-direct model, which relies on the Internet and call center-based staff to acquire and interact with customers across the country.
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Bank of Utah is a federally-insured community bank, with corporate headquarters in Ogden, Utah. It is a member of the Utah Bankers Association (UBA), [1] the American Bankers Association (ABA), and the Federal Deposit Insurance Corporation (FDIC). [2] Branden P. Hansen is president of Bank of Utah, as of January 2023. [3]