Looks like another one has dropped out of the rat race? Origen Wholesale Lending has the following post on their website:
Origen is transferring its Wholesale Lending operation, effective immediately, to its select correspondent partners. The same real estate mortgage products remain available through these select Correspondent partners throughout the country, and Origen’s chattel operations for brokers, retailers, and correspondents will be unaffected.
If you have real estate loans already in progress with Origen, they will be processed through our Texas funding group, subject to clearing all stipulations and conditions. You can get updates on their status as well as discuss any outstanding requirements by calling (877) 998-9090.
If you received a Wholesale Quick Look approval prior to January 8th, 2007, you have until January 16th to get a complete packet faxed to (888) 855-4326. You can get updates on their status as well as discuss any outstanding requirements by calling (877) 998-9090.
For your future manufactured housing real estate applications, we suggest you work with one of Origen’s Correspondent partners:
Also per Brokers Outpost comes the following comments: Have they closed their doors???? Anyone taking over their loans???
Tuesday, January 09, 2007
Posted by Bakersfield Bubble at 9:32 PM