Skip to main content

National industry appointments update - 2/6/2007

National Mortgage Professional
Feb 05, 2007

Transnational to acquire AMC MortgageMortgagePress.comMortgage banking acquisitions Transnational Financial Network Inc. (TFNI) has executed a letter of intent to acquire AMC Mortgage for up to one million shares of TFNI common stock when the earn-out provision is achieved. AMC currently generates in excess of $130 million in annual mortgage originations and will continue to be managed by its current principal owner, Darryl Crawford, after the acquisition is completed. San Francisco-based TNFI is a wholesale and retail mortgage banking firm. For more information, call (888) 229-2344 or visit www.transnational.com. AMC Mortgage is a mortgage banking company based in Austin, Texas. For more information, call (800) 806-5999 or visit www.mortgagefinancer.com.
Published
Feb 05, 2007
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Community
Oct 15, 2021
SRE Mortgage Alliance 'Restructuring & Reorganizing'

Owner of technology-based wholesale residential mortgage lender in El Segundo to determine organization's future.

Wholesale
Oct 15, 2021
Ginnie Mae Issued Record MBS Volume In FY2021

The record $939 billion issued included nearly $73 billion in September.

Industry News
Oct 14, 2021
UWM Completes Test Of Cryptocurrency Mortgage Payments

United Wholesale Mortgage evaluated and accepted the first-ever cryptocurrency mortgage payment in September and an additional five payments in October from borrowers.

Industry News
Oct 14, 2021
Arvielo Re-Appointed To HUD Advisory Committee

Nationwide mortgage lender New American Funding’s Co-Founder and President Patty Arvielo has been re-appointed to serve on the U.S. Department of Housing & Urban Development's Housing Counseling Federal Advisory Committee.

Industry News
Oct 13, 2021