Merger Mania: PHH, G-Rate, LenderLive and More; FHA/VA Changes

Posted To: Pipeline Press

Bank of America has opened 3 completely automated branches without any employees. Customers can use ATMs or have video conferences with employees at other branches, and the branches are about 25% the size of a normal branch. Bank of America indicates that since 2009 it has reduced its branch footprint by 23%, as the percentage of customers doing automated transactions has jumped 94%. Merger & Acquisition news. For various reasons (age of owners, shifting business models, cost of compliance) the mergers and acquisitions situation has been off to a strong start , and expected to continue. The latest example is Realogy Holdings Corp, a full-service residential real estate services company, and Guaranteed Rate, an independent retail mortgage company, announced a new joint venture , Guaranteed…(read more)

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Merger Mania: PHH, G-Rate, LenderLive and More; FHA/VA Changes
Merger Mania: PHH, G-Rate, LenderLive and More; FHA/VA Changes

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