Prospect Mortgage will take over most retail mortgage branches of Indymac. Prospect Mortgage currently includes Metrocities Mortgage of Sherman Oaks, California, Opteum Mortgage of Paramus, New Jersey, and Fidelity & Trust Mortgage of Chevy Chase, MD.
We rank Metrocities Mortgage 75th in the nation for conventional mortgage originations this year. Opteum appears to originate a majority of its mortgages in Georgia and Florida. Fidelity and Trust Mortgage originates most if its mortgages in the Washington, D.C. metropolitan area. The combined company along with the new retail offices obtained from Indymac Bank should make Prospect Mortgage a top 25 national mortgage lender in a short time period.
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7 comments:
Never heard of Prospect Mortgage
I never heard of prospect, metrocities, opteum & fidelity trust
You never heard of them for the reasons this article is called "Prospect Mortgage Gets Big Fast!".....they are just now becoming BIG!!! So NOW you do know their name! =)
Metrocities Mortgage is ranked 16th in the nation for FHA retail mortgage originations. So Prospect Mortgage (owner of Metrocities) is getting big and more people in the mortgage industry will know their name!
I am in the middle of a nightmare with Prospect Mortgage. I would NEVER recommend them.
I am also in a nightmare scenario with Prospect.
i was told prospect is now buying NFM INC?
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