Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

Estimated reading time: 0 minutes, 14 seconds

Rhode Island's Citizens Bank Pulls Plug on Wholesale Originations

Citizens Bank has told broker partners that it is shuttering its wholesale mortgage lending channel. So reports Investing.com.

CitizensThe Providence, Rhode Island-based bank cited high interest rates and tough competition.

Citizens currently ranks as the 28th biggest U.S. mortgage lender.

Read the full article from Investing.com.

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