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
66°
H ° L °
Clear | 3MPH

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

» Get interesting prep football tidbits and insights with 'First and Short' blog 8/28

» Hundreds of Tosa residents experienced short power outage Aug. 27 8/28

» Updated weekly rankings of area prep football teams and players 8/27

» Wauwatosa Village valet service tentatively halted on Sundays 8/27

» Wauwatosa East girls cross-country team looking for good things 8/26

» Wauwatosa West returnees should help girls cross-country team 8/26

» Wauwatosa East tennis team has nine returning players 8/26

» Wauwatosa West girls volleyball team has holes to fill 8/26

» Wauwatosa girls golf team fourth at first GMC mini-meet 8/26

» Potter to lead Wauwatosa East boys cross-country team 8/26

» Initial Reaction Podcast: What stood out on the first week of high-school football? 8/25

» Suspected pipe bomb draws neighborhood attention in Wauwatosa Updated:  8/24

» Carey, defense spark New Berlin Eisenhower win 8/24

» Wauwatosa School District mobile app now available for download 8/24

» Bomb squad blasts suspicious canister found at East Tosa gas station Updated:  8/23

» Police detonate suspicious object near Wauwatosa gas station 8/23

» Defense takes the spotlight in 'Battle of Tosa' 8/22

» Defense shines as West beat East, 17-0 8/21

» Bryant & Stratton College debuts health care labs in Wauwatosa to aid in field experiences 8/21

» Tosa Street Style event takes place Aug. 21 - 22 8/20

» Public invited to Monarch butterfly migration celebration 8/20

» The 2015 Suburban Milwaukee Prep Football Guide 8/19

» Get to know: Wauwatosa East Red Raiders 8/19

» Weather moves Wauwatosa City Softball title to Tuesday at Hart Park 8/19

» Wauwatosa West girls tennis team seeks third straight triple crown 8/19

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.

Advertisement

Local Business Directory

CONNECT