Lenders One Adds Two Preferred Investors and Expands Product-Set Available From Flagstar Bank
"The mortgage market thrives on access to differentiated products, and these new preferred investors offer our cooperative members a host of high quality lending options," said
The new Lenders One preferred investors are available to support members in areas including conventional and government products, warehouse lending and non-QM loans:
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ACH Trust - As the correspondent lending division of theTowne Mortgage Company ,ACH Trust specializes in competitively priced government and conventional loans that can be managed through a suite of online tools that enable locking-in up-to-date mandatory and bulk pricing rates.ACH Trust purchases retail FNMA, FHLMC, FHA, VA andUSDA loans with minimal overlays and manages all the draws on the 203K loans they purchase.
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Verus Mortgage Capital - Provides members access to non-QM lending products designed to fill a credit void in today's mortgage market. These programs are designed to address the issues limiting a borrowers' access to credit through common sense underwriting. All of the loans underwritten and acquired by Verus are ATR compliant and focus on the borrowers' ability to repay.
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Flagstar Bank - A current Lenders One preferred investor,Flagstar Bank now offers its Warehouse Lending service's technology through a suite of digital tools for real-time reporting and paperless processing. Flagstar provides warehouse lines for a wide variety of investors.
About Lenders One
®
LendersOne (www.LendersOne.com) was established in 2000 as a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services. Members of the
About
Investor Contact:
Chief Financial Officer
+352 2469 7950
Michelle.Esterman@Altisource.lu
Press Contact:
Senior Associate,
(617) 728-5533
Meredith.Duhaime@Altisource.com
Source:
News Provided by Acquire Media