Senate passes final procedural vote needed to send housing bill back to House – NMP Skip to main content

Senate passes final procedural vote needed to send housing bill back to House

National Mortgage Professional
Jul 10, 2008

Prospect Mortgage to acquire IndyMac mortgage retail branchesMortgagePress.comProspect Mortgage, IndyMac Bank, retail branches, John Johnston, Ron Bergum, Mark Filler Prospect Mortgage has signed an agreement to acquire the majority of IndyMac's retail mortgage branches. Terms of the transaction were not disclosed. The transaction encompasses approximately 750 employees, along with more than 60 branch offices which will be rebranded as Prospect Mortgage. John Johnston and Ron Bergum will remain in leadership roles with the retail branch group and report to Mark Filler, CEO of Prospect Mortgage. "The IndyMac transaction benefits our loan officers, customers, sales managers and referral sources," said Filler. "This is growth for the right reasons, not just for the sake of growth. The IndyMac transaction will enable us to increase our investment and success in marketing, technology, and customer service levels." With completion of the IndyMac transaction, Prospect Mortgage projects that it will become one of the largest independent retail mortgage companies in the country. For more information, visit www.prospectmtg.com.
Published
Jul 10, 2008
CRA Impact May Not Be As Profound As Feared

CFPB Director Rohit Chopra tells MBA conference changes shouldn’t be difficult

Regulation and Compliance
May 17, 2022
A UDAAP Expansion

The CFPB’s new memo about consumer complaints

Regulation and Compliance
May 17, 2022
Builders, Lenders Praise Biden Plan To Improve Housing Supply

'Housing Supply Action Plan' seeks to improve affordability by increasing housing inventory over the next five years.

Regulation and Compliance
May 17, 2022
Trigger Leads Could Be Outlawed In Mortgage Industry

N.Y. congressman says selling the information increases risk of fraud, ID theft.

Regulation and Compliance
May 17, 2022
Georgia Governor Signs New Mortgage Licensing Law

Lessens impact on hiring of out-of-state employees with criminal records

Regulation and Compliance
May 10, 2022
10,000 NAHB Members Sign Letter To Biden Seeking Housing Market Help

The letter cites rapidly rising interest rates, rising home prices and rents, and the rising cost of lumber and building materials for significantly decreasing housing affordability.

Construction
May 02, 2022