AmTrust Wholesale Resumes Taking Commitments

Published December 18, 2009, 2:00 p.m. EST

1 Min Read

AmTrust Mortgage Banking — including its wholesale division — has resumed accepting new loan registrations and rate-lock commitments, according to a message posted by LendingArt Messenger Alert service. At press time, no further information was available. AmTrust Bank and its affiliates were seized by the FDIC two weeks ago with most of its assets sold to New York Community Bank. NYCB has yet to make any long-term decisions regarding AmTrust's wholesale division and its servicing portfolio.

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