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.
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Colonial Savings has revealed that it will exit the mortgage origination business as of July 31. So reports NEXT Mortgage News.
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.