ABN Amro Mortgage Group Inc., Ann Arbor, Mich., has reported that its August production of $12.3 billion brought the company's total production to just over $100 billion for the year.The year-to-date total of $100.1 billion represents an increase of 52% from AAMG's production total at the end of August 2002, the company reported. AAMG's largest producer is its Interfirst Wholesale Lending channel, with $78.1 billion for the year. But its fastest-growing channels on a year-to-date basis are Standard Federal Bank and LaSalle Bank, up 168% (combined), and National Lending Center, up 131%, according to AAMG's figures. The company's website address is http://www.abnamro.com.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
July 7 -
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
July 7 -
The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.
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