NOW:53208:USA01012
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01012
H 5° L 0°
Clear | 6MPH

Waterstone Mortgage Approved as Ginnie Mae Lender

Aug. 19, 2013

FOR IMMEDIATE RELEASE
Contact:
Liz Pond
262.701.4993
LPond@WaterstoneMortgage.com

Waterstone Mortgage Corporation, a national mortgage lender with locations in 15 states, is pleased to announce that the company has been approved as a Ginnie Mae issuer in the Ginnie Mae I and II single-family mortgage-backed securities (MBS) program.

This approval gives Waterstone Mortgage the ability to offer expanded product offerings to borrowers who are using government insured loan programs. Additionally, Waterstone Mortgage now has the ability to service government loans when they are issued into Ginnie Mae securities.

Ginnie Mae approval furthers Waterstone Mortgage’s ability to provide its customers with competitive rates and operate more efficiently in the midst of market changes.

To obtain Ginnie Mae approval, Waterstone Mortgage was thoroughly screened and found to demonstrate strong management and financial capacity as well as expertise in originations, underwriting and loan servicing.

“Having Ginnie Mae approval strengthens our competitive position within the market and allows our loan originators to offer a wider variety of loan products at competitive rates,” said Eric Egenhoefer, president and CEO of Waterstone Mortgage. “Becoming an approved Ginnie Mae lender will help us achieve our company’s mission of providing customers with a clear path to homeownership.”

To learn more about Waterstone Mortgage Corporation and apply for a mortgage online, visit www.WaterstoneMortgage.com.

About Waterstone Mortgage Corporation:
Waterstone Mortgage Corporation is an innovative, strong, and secure mortgage lending company that has maintained a reputation for exceptional service and competitive mortgage financing. Since its inception in 2000, Waterstone Mortgage has grown to one of the largest mortgage lenders in the country with more than 600 employees in 15 states.

In 2013, the Business Journal of Milwaukee ranked Waterstone Mortgage as southeastern Wisconsin’s largest mortgage lender for the fourth year in a row with more than $1.8 billion in annual origination volume. Headquartered in Pewaukee, Wisconsin, Waterstone Mortgage is a wholly owned subsidiary of WaterStone Bank SSB (NASDAQ: WSBF) with assets of more than $1.6 billion.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Chinese Lunar New Year celebration at Mayfair Sunday 3/4

» Police to warn against impaired driving on St. Patrick's Day 3/4

» Fundraiser covers funeral expenses for victim of Wauwatosa house fire 3/4

» Student in custody for bringing knives to Wauwatosa East High School 3/3

» OSHA says drill rig involved in construction worker's death Updated:  3/3

» Twirly Birds vintage store plans return to Wauwatosa 3/2

» Dry cleaner seeks expansion into old City Market in Wauwatosa 3/2

» 'Momastery' author coming to Wauwatosa 2/27

» Wauwatosa's Folley and Reagan advance to state wrestling semis 2/26

» Wauwatosa East teacher Barb Bruesewitz named ProStart Teacher of the Year 2/26

» Pancake breakfast Sunday will raise money for scholarships 2/25

» Read the winning essays in Tosa's All-City Read contest 2/24

» Victim in fatal Wauwatosa house fire was 3-year-old girl Updated:  2/23

» MMSD commission OKs $6.4 million flood control project 2/23

» Medical examiner identifies 3-year-old who died in Wauwatosa house fire 2/22

» Menomonee flood plan would free part of stream from culvert 2/20

» Five idling cars stolen in one week in Wauwatosa 2/20

» Two men attempted to defraud two Apple stores with fake iPhones 2/20

» National German Exam qualifies some students for study abroad 2/20

» Personal finance students at Wauwatosa West guess value of items in "The Twelve Days of Christmas" 2/19

» Wauwatosa woman charged for armed robbery in Brookfield 2/19

» Men arrested for fighting at The Cheesecake Factory 2/19

» Tosa Skatepark brick sale ending Feb. 28 2/19

» Residents face off over proposed parking structure at Wisconsin Lutheran College 2/17

» Wauwatosa Alderman Wilke ousted from county supervisor race in primary 2/17

View All Posts Got a tip? Welcome rss

Advertisement

Advertisement

Hidden Tosa

 

"Hidden Tosa" is a semi-regular feature where reporter Rory Linnane explores the closed down and closed off parts of Wauwatosa.

2015 Writing Contest

 

(Click image for details)


Local Business Directory

CONNECT