Bank of Texas’ parent to expand mortgage servicing, brings on former BofA exec – BOK Financial, the parent company of Bank of Texas, is expanding its business of handling home loans and mortgage payments as nonbank. The company hired longtime Dallas mortgage servicing executive.
Other Dallas mortgage types rise. The rate for 30-year jumbo mortgages also trended upward this week, ascending 4 basis points to 4.38 percent. Jumbo mortgages are used for loan amounts above.
Pending North Texas office moves have lenders spooked about empty buildings – JPMorgan Chase is consolidating offices from throughout North Texas to a new campus in West Plano starting late this year. Lenders who hold the debt on the buildings that Chase and Zale are leaving.
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Dallas bank to boost mortgage lending for households earning less than this – The bank will offer mortgages up to $236,180 for eligible borrowers. has declined by nearly 21 percent over the last three years, according to Texas Realtors data. North Dallas Bank and Trust will.
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