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
14°
H 14° L 14°
Partly Cloudy | 0MPH

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

» Wrong-way driver identified as person killed in I-94 crash 1/24

» Wauwatosa offers 'Citizen's Academy' course 1/21

» Packers playoff run prompts fond memories 1/18

» Suburban Selfies contest extended through Jan. 25; two selfie solutions to get you started! 1/15

» Wauwatosa school district adds computer science course 1/14

» Wauwatosa man dead after crash on Miller Park Way 1/12

» Wauwatosa stamp factory to become shopping center 1/12

» Mayfair Collection developer buys nearby site for retail project Updated:  1/8

» Plaque honors memory of Wauwatosa Police Officer Jennifer Sebena 1/8

» Three candidates vie to represent Wauwatosa on Milwaukee County Board 1/7

» Developers reveal plans for housing at Wauwatosa's Mayfair Collection 1/6

» Milwaukee man dead after crash in Wauwatosa 1/6

» Coast Guard member gets 5 months confinement for assault 1/6

» Friday deadline for Wauwatosa Distinguished Citizen nominations 1/5

» Wauwatosans organize rally in support of local police 1/2

» Brown's tip in makes Wauwatosa West upset winner 12/31

» Wauwatosa East to establish Athletic Hall of Fame in 2015 12/30

» Wauwatosa's All-City Read invites students, residents for essay contest 12/30

» Nordstrom to open Oct. 23, 2015 at Mayfair 12/30

» Suburban Selfies is back! Win a $200 dinner! 12/24

» Dontre Hamilton protesters rally at Bradley Center, Mayfair Updated:  12/23

» Protesters stage 'die-in' at Mayfair mall in support of Dontre Hamilton 12/23

» Westbound I-94 near Miller Park to close for 31 hours beginning Friday night 12/18

» Woman drives drunk to pick up drunken driver from police station 12/10

» Suspects of five related burglaries in Wauwatosa arrested, charged 12/9

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.


Local Business Directory

CONNECT