Mobile Mortgage News

Bank of America Exits Wholesale Lending?For Now??

posted 45 weeks ago on Blown Mortgage

Sorry for the lack of updates today folks. I was lucky enough to be invited to the Beverly Hills and Greater Los Angeles Association of Realtors meeting to hear Brad Inman and Dustin Luther talk about blogging in real estate. I highly recommend that if you are the industry you try to hear either of them speak - you'll learn a lot about where we are headed in terms of marketing to customers. Anyway, I digress. Thank you to EVERYONE that emailed me to let me know that news that Bank of America is exiting wholesale lending at the end of the year. They will accept loans from brokers until 11/25 which must close by 12/31. From the web site (here's a link to the PDF of the announcement): Important Announcement Today Bank of America announced that it will exit the wholesale mortgage busine

Related Headlines

Search: