U.S. Bank Home Mortgage, a Minneapolis-based provider of mortgage outsourcing services, and Allegacy Federal Credit Union, Winston-Salem, N.C., have announced that Allegacy has chosen U.S. Bank to provide mortgage services to its 94,000 members.Allegacy is a provider of mortgage and relocation services, but its growth has required added capacity and nationwide mortgage fulfillment, the companies said. U.S. Bank Home Mortgage has an established relocation lending department. U.S. Bank can be found on the Web at http://www.usbank.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
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