See how Loanpal®, a national mortgage bank, successfully mitigated a $110K indemnification on a defaulted loan thanks to Plaza’s Certified Loan Program. The majority of the loss, over $87,000, was covered by the Certified Loan Program – with no upfront fee.
Case Study: Correspondent Avoids $110K Indemnification
Posted by
Plaza Correspondent on September 10, 2020
Topics: National Correspondent News, Correspondent Certified Loan Program, Client Case Studies
Reverse Jumbo Expands
Posted by
Plaza Reverse on September 10, 2020
Plaza’s Reverse Jumbo is now available in Arizona, California, Colorado, Connecticut, Florida, Hawaii, Illinois, New Jersey, Oregon, Texas, and Utah with more states to follow soon. The Reverse Jumbo is a great option for clients in higher-value homes who want to tap into more equity than allowed by the current FHA HECM limits.
Topics: Wholesale News, Wholesale Program Updates, Jumbo Reverse
Late Night Locks in BREEZE
Posted by
Plaza Wholesale on September 10, 2020
Working late? So are we. Plaza brokers can lock loans in our BREEZE LOS until 11:59 PM PT on business days.
Topics: Wholesale News, BREEZE LOS, Plaza at a Glance
