Skip to main content

BankUnited opens wholesale mortgage office in Warwick, R.I.

National Mortgage Professional
Sep 11, 2006

MILA adds pay option ARM MortgagePress.comMILA Inc., pay option ARM, AccessPoint MILA Inc., the e-commerce mortgage provider also doing business as Mortgage Investment Lending Associates, has added a pay option ARM to its diverse portfolio of residential loan products. The pay option ARM joins the recently released APEX family of products, which includes full- and no-doc, no-ratio and jumbo loan programs for borrowers who fall between prime and non-prime categories. The pay option ARM has been integrated into MILA's AccessPoint loan fulfillment and process management platform and can be selected in the system's side-by-side comparison menu in the "Choose Program" step. Terms for MILA's pay option ARM can be found in all state-specific rate sheets. Highlights of the product include loan amounts to $1.5 million, full-doc and stated income, owner and non-owner occupied properties, FICO scores as low as 625, up to 90 percent LTV/CLTV and purchase money and refi. MILA Inc. is a nationwide e-commerce mortgage solutions provider. For more information, call (800) 332-MILA or visit www.mila.com.
Published
Sep 11, 2006
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022