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Single family homes on the market. Updated weekly.Powered by Altos Research
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30-Yr. Fixed Conforming. Updated hourly during market hours.
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HSBC To to Exit Correspondent Lending 

Mar 23, 2007By

In a notice sent to to brokers yesterday and obtained by Housing Wire, HSBC said yesterday that it “has made the decision to discontinue correspondent channel acquisitions” through its HSBC Mortgage Services division. The division was primarily engaged in correspondent subprime lending, and the company said in its notice that it will cease correspondent activities on May 31, 2007.

3d rendering of a row of luxury townhouses along a street

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