Spectrum Mortgage Holdings News from Send2Press Newswire

Spectrum Mortgage Holdings News

News items related to Spectrum Mortgage Holdings as issued by the Send2Press Newswire service on behalf of the noted news source.

Mid America Mortgage to Offer Warehouse Lines of Credit on Seasoned and ‘Scratch and Dent’ Loans

Mon, 14 May 2018, 12:52:11 EDT | From: Click n' Close Inc.

ADDISON, Texas, May 14, 2018 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. Owner and Chief Executive Officer Jeff Bode today announced that the firm has expanded its relationship with Spectrum Mortgage Holdings, LLC to offer warehouse lines of credit in conjunction with its Whole Loan Purchase program. This will provide sellers the flexibility to finance loans being sold to Mid America, including seasoned and ‘scratch and dent’ loans.

Spectrum Mortgage Holdings Partners with Mid America Mortgage to Purchase eNotes

Wed, 06 Sep 2017, 05:00:58 EDT | From: Click n' Close Inc.

ADDISON, Texas, Sept. 6, 2017 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced today that Spectrum Mortgage Holdings has signed on as an eWarehouse line provider for Mid America’s eCorrespondent division. Through this partnership, Spectrum will offer lower net worth requirements (*see note 1). on warehouse lines and purchase eNotes from qualified emerging mortgage bankers approved as Mid America eCorrespondent sellers.