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Subprime mortgage lenders (22 P) Pages in category "Mortgage industry companies of the United States" The following 15 pages are in this category, out of 15 total.
United Wholesale Mortgage was founded by Jeff Ishbia in 1986 while working as an attorney. He founded the company as a side business under the name Shore Mortgage. [3] It started off focusing on conventional and FHA loans and the name was later changed from Shore Mortgage to United Wholesale Mortgage. [4] By 2003, the company had 13 employees.
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]
RPM Mortgage is an independently owned and operated mortgage lender and broker based in Alamo, California. The company’s roots in the Bay Area stem back to 1986. RPM Mortgage is a retail only lender and a direct seller and servicer of Fannie Mae loans. [2] In 2013, the company provided $5.9 billion in funding in the form of residential ...
Ditech had immensely high unaided brand awareness and customer satisfaction, but many people mistakenly thought Ditech was a subprime lender. [ 21 ] On September 11, 2001, in the U.S., a Ditech commercial was airing on the CNN television channel when it was interrupted for an announcement that a plane had struck one of Twin Towers of the World ...
Through its subsidiaries, NovaStar Mortgage, Inc., and NovaStar Home Mortgage, Inc., it originated, securitized and serviced residential loans. During a 10-year period, NovaStar Mortgage originated more than $40 billion in mortgage loans and NovaStar Home had more than 400 branches nationwide. The company had nearly 5,000 employees at one point.
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American Home Mortgage Servicing Inc. changed its name to Homeward Residential Holdings, Inc. in February 2012. [10] In October 2012, Ocwen announced plans to buy Homeward Residential Holdings, Inc. from WL Ross & Co. for $750 million. The acquisition was finalized on Dec. 27, 2012. [11]