Regions Axes Warehouse Biz, Boosts Sales - Mortgage Forums for Mortgage Brokers

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Regions Axes Warehouse Biz, Boosts Sales

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08-21-2007, 03:44 PM

Veronica Corningstone Veronica Corningstone is offline

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Regions Axes Warehouse Biz, Boosts Sales

Regions Financial Corp. recently announced it was closing it warehouse lending unit. The move was take as a result of a waning mortgage market. "We are extremely committed to providing residential mortgages to our customers through other markets and right now, in fact, we are aggressively expanding our sales force to that end." a Regions spokeswoman told MortgageDaily.com.

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