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
82°
H 82° L 59°
Clear | 9MPH

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

» Leff's Lucky Town in Wauwatosa considers kitchen expansion 7/2

» Walker plans to file for president today 7/2

» Driver ejected from car after hitting tree in Wauwatosa 7/1

» Monarch habitat on the mend in Wauwatosa 7/1

» Wauwatosa Police Report: June 21-27 7/1

» Wauwatosa detective home from hospital after shooting 7/1

» Thai-namite plans new location in Wauwatosa's former City Market building Updated:  6/30

» Sports Notes: July 2, 2015 6/30

» Wauwatosa police say woman was dragged across parking lot in purse robbery 6/30

» Thirsty Duck brings duckpin bowling to Wauwatosa Updated:  6/30

» Kate Spade New York store to open at Mayfair Mall 6/29

» Suspect charged in shooting of Wauwatosa police officer Updated:  6/25

» Police identify Wauwatosa detective shot, injured in Milwaukee 6/23

» Tosa West student attended journalism conference in D.C. 6/23

» Wauwatosa school board approves 8 percent levy hike under preliminary budget 6/23

» Suspect in Tosa detective shooting charged in earlier armed robbery 6/22

» 2015 4th of July events in suburban Milwaukee 6/22

» Tip leads police to suspect in shooting of Wauwatosa detective Updated:  6/20

» Suspect in shooting of Tosa detective eludes police Updated:  6/19

» Benji's Deli plans to open next to Camp Bar in Wauwatosa 6/19

» Indulgence Chocolatiers now open in Wauwatosa 6/19

» Wauwatosa police detective shot in Milwaukee 6/19

» Venturis roll out old menu with new spin at Tosa Bowl and Bun 6/16

» In 'one last try' to preserve Wauwatosa's Eschweiler buildings, Mandel seeks proposals 6/15

» Three Tosa schools recognized for positive behavioral implementations 6/15

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)

Advertisement

Local Business Directory

CONNECT