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ICBA Adds Servicing Option.

Mortgage Servicing News

| March 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

WASHINGTON -- The Independent Community Bankers of America has teamed up with wholesaler Taylor, Bean & Whitaker Mortgage Corp. to give its member banks an option to sell their loans servicing-released and achieve better pricing and service for their mortgage customers.

"It is the philosophy of Taylor, Bean & Whitaker that attracts us to them because they have a community bank focus," said ICBA Mortgage senior vice president Elizabeth Deal.

TB&W offers clients a Web-based origination system, called CommunityBank-Online, which allows the bank's officers to maintain control of customer relationships throughout the origination process and servicing of the loan.

The Ocala, Fla.-based wholesaler will not cross-sell to the ...

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Source: HighBeam Research, ICBA Adds Servicing Option.

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