The threat of the COVID-19 pandemic still hanging around has forced many businesses to reconsider their policies regarding work-from-home scenarios. However, First United Bank has other plans, as the company gave the green light to break ground on the construction of a new Plano, Texas office building, in partnership with the Haggard family.
The development will be 120,000-square-feet and constructed on part of the Haggard family's farm, according to The Dallas Morning News. The building will serve as the headquarters for First United Mortgage, with the other half being made available to other businesses.
First United does most of its business in Oklahoma and Texas. According to the report, the company originates $2.8 billion annually in home mortgages.
The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.
LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...
Refinance applications still 159% higher on an annual basis, reflecting last year's record lows
In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week.
Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...