The Texas-based financial institution said that its reasons include “changing market dynamics and a strategic evaluation of its business operations.”
Founded in 1952, Colonial Savings will concentrate on full-service banking and mortgage servicing.
-
Rising Mortgage Rates and Their Impact on the Housing Market
Explore the effects of rising mortgage rates on the housing market, with insights into buyer behavior and real estate trends amidst economic shifts.
Estimated reading time: 0 minutes, 18 seconds
Colonial Savings Shutters Mortgage Origination Unit
Colonial Savings has revealed that it will exit the mortgage origination business as of July 31. So reports NEXT Mortgage News.
MOST READ STORIES
Fast,Easy & Free
