Skip to main content

Applying Glue to Your Sphere of Influence

National Mortgage Professional
Sep 07, 2002

Chase Manhattan Mortgage Corporation to Acquire Advanta Corporationmortgagepress.comChase Manhattan Mortgage Corporation, Advanta Corporation, aquisition Chase Manhattan Mortgage Corporation, a subsidiary of J.P. Morgan Chase and Company, has signed a definitive agreement to acquire the mortgage business of Advanta Corporation. The acquisition includes a $15.8 billion mortgage loan servicing and sub-servicing portfolio with more than 200,000 customers and other net assets. Advanta also has an annual origination capability in excess of $1 billion. The proposed acquisition will supplement Chase's origination activity in the non-prime mortgage business and enhance Chase's position as a nationwide originator of non-prime mortgages. The Advanta non-prime servicing portfolio is one of the largest in the nation and includes Chase's non-prime portfolio, which Advanta has been sub-servicing. The acquisition is subject to approval of Advanta's shareholders and certain regulatory filings and approvals. The transaction is expected to close in the first quarter of 2001. Chase and Advanta will work together to ensure a seamless transition for Advanta customers.
Sep 07, 2002
How To Legally Steal A Sales Team

Customer lists are the main reason these poaching lawsuits get filed

Sales and Marketing
Oct 03, 2022
Refocusing Loan Officers On Relationships

Also, focus on your local markets and not national trends for success

Sales and Marketing
Oct 03, 2022
When Opportunity Doesn’t Knock, Stay Positive

Attitude has a bigger impact on performance than expected

Sales and Marketing
Aug 31, 2022
Increasing Number Of Homes On The Market Longer

Redfin reports that 61.2% were listed for at least 30 days, up from 54.4% a year earlier.

Industry News
Aug 09, 2022
Connecting To Your Customers

Sports, at all levels, can be an efficient means for marketing

Sales and Marketing
Aug 01, 2022
Building Your Volume One Day At A Time

Put this five-day plan into place to increase your unit production.

Sales and Marketing
Jul 18, 2022