New York industry appointments update - 1/25/2007

Jan 24, 2007

Ace Mortgage acquires Millennium FundingMortgagePress.comAce Mortgage,Millennium Funding Ace Mortgage Funding LLC (AMF) has announced the acquisition of Millennium Funding Group (MFG). MFG, which will now operate as a subsidiary of AMF, originates more than $1 billion in annual loan volume, through a network of 4,000 approved brokers. Comparatively, AMF originates $3 billion in loans annually, through 700 loan officers. AMF is a retail mortgage brokerage based in Indianapolis. For more information, call (877) 223-7334 or visit www.acerefi.com. MFG is a national mortgage lender based in Indianapolis. For more information, call (877) 771-6566 or visit www.mfgloans.com.

About the author

National Mortgage Professional

Link copied

Published

Jan 24, 2007

People On The Move

Ginnie Mae President Alanna McCargo Announces Resignation

McCargo was first woman and first woman of color at the helm of Ginnie Mae.

The U.S. Department of Housing and Urban Development (HUD) today announced that Alanna McCargo, president of the Government National Mortgage Association (Ginnie Mae), will resign, effective May 3, 2024. McCargo has served in the Biden-Harris Administration since January ...

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...