Residential Finance Shuts Charlotte Operations Center

Finkelstein, Brad
September 2013
National Mortgage News;9/23/2013, Vol. 37 Issue 37, p1
Trade Publication
The article informs that Residential Finance Corp. (RFC) has closed an operations center in Charlotte, North Carolina. David Stein, a co-founder of RFC, states that the office had 10 loan originators and around 10 to 12 operations employees. Stein mentions that the firm has taken the decision due to rise in the mortgage rates in recent months and seeing dip volumes of 25-30 percent since May 2013.


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