TITLE

AMNET LAUNCHES CORRESPONDENT CHANNEL

PUB. DATE
January 2005
SOURCE
Mortgage Banking;Jan2005, Vol. 65 Issue 4, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that San Diego based American Mortgage Network (AmNet) has launched a new correspondent channel. The business, headquartered in Columbia, Maryland, will purchase loans from small to midsized mortgage banks, credit unions and community banks. As a new distribution channel for AmNet, the correspondent initiative provides access to a customer base not currently covered under traditional wholesale channels. It expands the target market to include areas where the institution can effectively capture additional market share and incremental volume.
ACCESSION #
15783600

 

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