Banks and mortgage companies eye Texas for growth in home lending
Markets close in 4 hrs 40 mins Stock Watch Yelp Surges More Than 20% After Earnings Report Leading Houston Texas Mortgage Lender Hope Tree Home Loans Now Providing Houston Home Loans that Give Back to the Community Hope Tree Home Loans is now donating a percentage of all closed loans to local Houston charities and non-profit charitable organizations. Press Release: Hope Tree Home Loans Thu, Jul 25, 2013 7:36 AM EDT Print HOUSTON, July 25, 2013 /PRNewswire-iReach/ — Hope Tree Home Loans, long known as the leading mortgage lender in Houston, Texas, has announced a new program that gives back to the local Houston community. Hope Tree’s new program designates a percentage of every Houston mortgage loan that is donated to local charitable and non-profit organizations of the borrowers choice. Hope Tree Home Loans’ mission is to support the community that their employees love and work in by participating in and giving back to the community while providing the very best home loans Houston has to offer. (Logo: http://photos.prnewswire.com/prnh/20130725/MN52666 ) Hope Tree Home Loans charitable donation program enables borrowers to help their local community by providing much-needed monetary donations at absolutely zero extra cost to borrowers. Hope Tree has partnered with many of the most trusted and respected charitable and non-profit organizations in the Houston area to provide opportunities for those groups to benefit from Hope Tree’s programs.
Full original article: Leading Houston Texas Mortgage Lender Hope Tree Home Loans Now Providing Houston Home Loans that Give Back to the Community
Having that noninterest income from mortgage banking certainly bolsters their revenue. Hiring picks up Wells Fargo and JP Morgan Chase both reported huge profits in recent quarters due to home lending. The banks were the No. 1 and No. 2 Texas mortgage lenders in 2011, according to SNL Financial. In February, Wells Fargo opened an operations center in Irving to meet increasing demand for home loans and refinancing, a business that has done well for the San Francisco-based bank.
Full original article: Banks and mortgage companies eye Texas for growth in home lending
Churchill Mortgage Adds 12 to Its Tennessee and Texas Branches
and Washington Mutual . In October, Texas Attorney General Greg Abbott sent a letter to 30 mortgage servicing companies, calling on them to halt foreclosures in Texas until they could ensure that their practices were complying with state laws. The letter was sent amid rising disclosures nationwide that employees at some of the largest mortgage companies had signed off on tens of thousands of foreclosure documents without verifying their accuracy, or in some cases, without even reading them, a process known as “robo-signing.” In FHA Loan Program their responses, the majority of the mortgage servicers said no “robo-signing” had occurred, according to documents from the attorney general’s office. The American-Statesman obtained the documents through the Texas Public Information Act.
Full original article: Texas mortgage lenders: We’re complying with foreclosure laws
Texas mortgage lenders: We’re complying with foreclosure laws
He earned a degree from ITT Technical Institute. Karen David, as a mortgage loan officer for the Brentwood, Tenn. branch, bringing more than 11 years of industry experience. She is also currently vice president of the Referral Advantage Network of Nashville and a member of the Mortgage Bankers Association of Nashville. In Texas, Churchill Mortgage recruited three industry professionals for its Houston and North Texas branches, including: Jamie Kennedy, as a loan processor for Churchill Mortgages North Texas branch. With more than 10 years of experience in the mortgage lending industries, Kennedy will be responsible for working with borrowers in choosing the best financial options for purchasing a home.
Full original article: Churchill Mortgage Adds 12 to Its Tennessee and Texas Branches