#mortgage-partnerships

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#mortgage-originations-decline #bank-industry-pullback #fintech-competition
Real estate
fromwww.housingwire.com
13 hours ago

Willamette Valley Bank exits residential mortgage lending

Willamette Bank's mortgage originations dropped 49% to $233 million in 12 months, reflecting broader industry pullback as banks exit or reduce mortgage lending operations.
fromwww.housingwire.com
3 weeks ago

Embrace Home Loans to originate mortgages for Amalgamated Bank

Under the agreement, Embrace will originate and service loans for Amalgamated Bank through an exclusive platform. Amalgamated Bank is a New York-based, full-service commercial bank and chartered trust company with five branches across New York City, Washington, D.C., and San Francisco, as well as a commercial office in Boston. Embrace will offer a proprietary program that certifies a property's value and provides sellers with a $10,000 backup cash guarantee, making a homebuyer's bid more attractive than a cash offer.
Real estate
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