Posted To: Pipeline Press
It's a global mortgage market, and this news tidbit caught my eye - reminding us that "a rising tide floats all boats." Virgin Money's Q3 IMS shows continuing growth momentum with gross mortgage lending up 19% y/y in 2016 with £1.3bn of net mortgage lending in Q3'16, well above expectations . Heading back to this country, the long awaited and rumored sale of Prospect Mortgage happened. HomeBridge Financial Services, Inc., a national independent mortgage lender, announced the signing of a definitive agreement under which HomeBridge will purchase the operating assets of Prospect Mortgage, LLC from Prospect Holding Company, LLC. The asset purchase consists primarily of the loan production platform. When this goes through HomeBridge will become one of the largest non-bank mortgage lenders...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2ezKPK5
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