A Regional Bank Successfully Connects with a Mortgage Company to Help Improve Its CRA Portfolio
A mortgage company specializing in the origination and sale of residential whole loans utilized the Network to identify buyers offering competitive prices for newly originated CRA mortgage portfolios. Meanwhile, a regional bank in the Midwest contacted the Network’s Residential Mortgage Desk for assistance in searching for loans that would improve its CRA performance rating.
Regional Bank Connects with National Mortgage Lenders to Buy Scratch-and-Dent Loans
Two national mortgage lenders that originate and sell residential whole loans were looking for buyers of their scratch-and-dent loans. Meanwhile, an East Coast bank was searching for residential loan growth at yields above the current Agency levels.
Bank Connects with National Mortgage Lender to Sell Pool of Seasoned Mortgages
A recent connection between a community bank in the Midwest and a mortgage company in the South demonstrates how institutions have experienced success using Residential Mortgage Network.