PrimeLending and Mutual of Omaha now hiring staff for new mortgage venture

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Worth area, launched a mortgage business with help from PrimeLending. The company, Grand Home Loans, operates a joint venture of PrimeLending and grand homes. And now, the company has identified the person that it wants to lead its mortgage push. grand home loans announced recently that it named Chris Goodwin to the role of managing director.

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PrimeLending is entering into an dependent business arrangement with dallas homebuilder grand homes that is approaching to start producing loans in February. Financial sum of a arrangement were not disclosed, other than PrimeLending Ventures Management will possess a infancy seductiveness in a new company, that will be called Grand Home Loans.

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Dallas-based residential mortgage lender PrimeLending and Mutual of Omaha Bank today announced a joint venture that will create a new company to provide a wide range of home financing services.

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Impac Mortgage Holdings to sell AmeriHome Mortgage Corp. Reform opponents worry house measure guts CFPB Yes, President Obama’s approval could change, but that would probably require the White House to change first. Don’t expect that to happen. Despite the GOP tide, the administration has already dropped.Despite “record” second quarter, Zillow posts $10.48 million loss Despite the loss, Sprint executives pointed to positive signs for the company. Even with "significant expenses" due to the network vision initiative, the company posted an adjusted Sprint also reported a record low post-paid churn for mobile customers during the quarter, and it posted a record growth.Prospect Mortgage was a residential retail mortgage lender that offered a range of home loans. The company was founded in 2007 and was headquartered in Sherman Oaks, California with retail offices across the United States. The company was backed by the private equity firm, Sullivan Partners. In 2011, Prospect Mortgage was ranked number 2 on Mortgage Executive Magazine’s list of the Top 100.

Joint venture partners PrimeLending Venture Management LLC and Mutual of Omaha Bank announced the creation of Mutual of Omaha Mortgage in April. Expected to begin operations in the third quarter, Mutual of Omaha Mortgage will offer a wide range of home financing products and services.