PHM_Blog_Hero_820

Plaza News + Updates

Change to Plaza’s Loan Servicers

Posted by Plaza Home Mortgage on January 31, 2023
Plaza Home Mortgage® is making a change to our loan servicing operations and will soon be using a new servicer for all conventional loans, with the exclusion of co-ops, starting February 1, 2023.

For any loans that will be funded on or after February 1, 2023, please be aware of and make the following adjustments to the Mortgagee Clause:

Hazard Insurance – FHA, VA, USDA & DSCR Loans & Co-op Transactions:
Plaza Home Mortgage, Inc. ISAOA
P.O. Box 5954
Springfield, OH 45501-5954

Hazard Insurance – Conventional Loans, including Non-QM and Jumbo:
Plaza Home Mortgage, Inc. ISAOA
P. O. Box 1194
Springfield, OH 45501-1194

CPL – All Loans:
Plaza Home Mortgage, Inc. ISAOA
9808 Scranton Road, Suite 3000
San Diego, CA 92121

Title Insurance – All loans
Plaza Home Mortgage, Inc. ISAOA
P.O. Box 961292
Fort Worth, TX 76161-0292

If you have questions on this change or announcement, please contact your Plaza Account Executive, or email us at hereforyou@plazahomemortgage.com.
Read More

Topics: Wholesale News, National Correspondent News, Mini-Correspondent News

Plaza's February Training Calendar is Available!

Posted by Plaza Training on January 31, 2023

Our full training calendar for the month of February is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.

Read More

Topics: Plaza at a Glance, Plaza Training

AMI LLPA Waiver is in BREEZE!

Posted by Plaza Home Mortgage on January 24, 2023

Here’s a friendly reminder that Plaza Home Mortgage® waives Fannie Mae® and Freddie Mac LLPAs on eligible First Time Homebuyer loans, Freddie Mac’s CHOICERenovation and eligible manufactured loans based on Area Median Income (AMI) creating more opportunities to help your borrowers. And BREEZE will automatically apply the waiver to the eligible loans.

Here’s how it works:

Read More

Topics: Wholesale News, BREEZE LOS, Mini-Correspondent News

Plaza's January Training Calendar is Available!

Posted by Plaza Training on January 4, 2023

Our full training calendar for the month of January is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.

Read More

Topics: Plaza at a Glance, Plaza Training

AMI LLPA Waiver is Here!

Posted by Plaza Home Mortgage on December 19, 2022

AMI LLPA Waiver is Here! 

Read More

Topics: Wholesale News, Mini-Correspondent News

2023 Loan Limits!

Posted by Plaza Home Mortgage on December 2, 2022

2023 Higher Conforming Limits!
Available Now with Plaza – Can Close in 2022

FHFA has announced the 2023 conforming loan limits: $726,200 and $1,089,300 for high balance. Plaza is accepting the increased loan limits, effective immediately. Talk to your Plaza Account Executive for more info!

Read More

Topics: Wholesale News, National Correspondent News, Plaza at a Glance, Mini-Correspondent News

Plaza's December Training Calendar is Available!

Posted by Plaza Training on December 2, 2022

Our full training calendar for the month of December is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.

Read More

Topics: Plaza at a Glance, Plaza Training

New! Temporary Buydowns are Available Now!

Posted by Plaza Wholesale on November 1, 2022

2-1 and 1-0 Buydowns Are Here!

Read More

Topics: Wholesale News, Wholesale Program Updates, Plaza at a Glance, Mini-Correspondent News, Mini-Correspondent Program Updates

Plaza's November Training Calendar is Available!

Posted by Plaza Training on November 1, 2022

Our full training calendar for the month of November is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.

Read More

Topics: Plaza at a Glance, Plaza Training

BIG News: Your Jumbo ARM Made Simple

Posted by Plaza Wholesale on October 28, 2022

Now you can offer your borrowers flexibility with 7/6 and 10/6 hybrid ARMs with the Jumbo AUS 3 from Plaza Home Mortgage®.

Read More

Topics: Wholesale News, Wholesale Program Updates, National Correspondent News, Plaza at a Glance, Mini-Correspondent News, National Correspondent Program Updates, Mini-Correspondent Program Updates