Schwartz among the “Top Women in Florida Commercial Real Estate 2006” – NMP Skip to main content

Schwartz among the “Top Women in Florida Commercial Real Estate 2006”

National Mortgage Professional
Sep 07, 2006

American Home Mortgage to purchase Flower BankMortgagePress.comFlower Bank, American Home Mortgage, mergers and acquisitions American Home Mortgage Investment Corporation has entered into an agreement to purchase Flower Bank FSB from Umbrella Bancorp Inc. The purchase is subject to regulatory approval. American Home plans to purchase the single-office operation, which was estimated on June 30 to be worth $43.7 million in total assets, in order to gain a franchise through which it can offer its banking products to the general public. Once purchased, American Home plans to operate Flower Bank as a standalone unit, rather than assimilating it. Melville, N.Y.-based American Home Mortgage Investment Corporation is a mortgage real estate investment trust. For more information, call (877) 304-3100 or visit www.americanhm.com. Chicago-based Flower Bank FSB is a subsidiary of Umbrella Bancorp Inc. For more information, call (312) 706-0700 or visit www.flowerbank.com.
Published
Sep 07, 2006
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021