meridian home mortgage corporation

NYS Entity Status
ACTIVE

NYS Filing Date
JULY 24, 2014

NYS DOS ID#
4611545

County

Jurisdiction

Registered Agent
NONE

NYS Entity Type
FOREIGN BUSINESS CORPORATION RESERVATION

Name History
2014 - MERIDIAN HOME MORTGAGE CORPORATION









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  • AROUND THE WEB

  • Victims Of Mortgage Modification Scam Lost More Than Their Homes
    By Ashlee Kieler - Thursday Jul 27, 2017

    Each year, fraudsters target vulnerable, trusting Americans by claiming that they can make their lives better. But when all the chips have fallen, these seemingly legit businesses often turn out to be just the opposite. While some of these operations will face the wrath of federal or state regulators, their victims are often left with little. In the case of …

    Source: The Consumerist
  • Wells Fargo Is Accused of Making Improper Changes to Mortgages
    By GRETCHEN MORGENSON - Wednesday Jun 14, 2017

    The bank denies allegations in lawsuits that it changed the loan terms of customers in bankruptcy without their knowledge, putting them at risk of default.

    Source: NYT > Home Page
  • Your Money: He Thought He’d Be Your Rabbi. Now, He’ll Get You a Mortgage.
    By RON LIEBER - Friday Jun 16, 2017

    After rabbinical school, David Frankel was drawn to a very different profession. Second in a series on the intersection of religion and finance.

    Source: NYT > Home Page
  • Mortgage Closings Just Took a Big Step Into the Digital Age
    Wednesday Aug 9, 2017

    The fully remote and paperless closing has arrived: A Chicago couple closed a home loan from a Michigan lender using a Virginia notary public, all from a laptop

    Source: The Wall Street Journal: Lifestyle
  • Fox attacks NY woman, chases her into home, police say
    By foxnewsonline@foxnews.com (Fox News Online) - Sunday Aug 6, 2017

    Source: Fox News
  • Nonbank lenders surging in California mortgage market
    By Kathleen Pender - Tuesday Jul 12, 2016

    Nonbank lenders surging in California mortgage marketThe number of home loans originated in California by nonbank lenders soared last year to 537,757, up 47.3 percent from 2014, according to a report issued Monday by the California Department of Business Oversight.The principal amount of mortgages originated in the state by nonbank lenders last year grew 56.7 percent, to $179.3 billion.Nationwide, the principal amount of nonbank mortgage originations grew only 43.9 percent between 2014 and 2015, according to Guy Cecala, publisher of Inside Mortgage Finance.The California department regulates nonbank lenders, meaning those that do not accept insured deposits to make loans, like traditional banks do.The department could not say how much of the growth in nonbank mortgage lending came from an increase in the underlying loan market and how much from nonbanks taking business from banks.Nationwide, however, nonbanks have been taking big chunks of market share from banks.In the first quarter of 2016, the nonbank share of U.S. originations was 48.3 percent.“Banks are pulling back from certain types of mortgage lending due to settlements (with government agencies) and enforcement actions,” Cecala said.Banks are still dominant in jumbos, but it’s only 20 percent of the market.The other 80 percent, they are reducing, and that is giving an opening and the nonbanks are stepping in to fill that void, Cecala said.Nonbanks typically borrow money from investors or banks to make loans, then quickly sell these loans to Fannie Mae, Freddie Mac, banks and other buyers, so they can repay their loans and start the process over again.Banks also sell loans but hold onto some of them.Many banks and nonbanks continue to service loans they sell for a fee.Servicers collect payments, forward them to the new loan owner and take action when borrowers fall behind.“Mortgage lending has pretty thin profit margins,” said Keith Gumbinger, a vice president with mortgage information service HSH Associates.Nationwide, San Francisco’s Wells Fargo was still the nation’s largest mortgage lender in the first quarter of this year, with 11.4 percent of the market, but that was down from 28.2 percent in the first quarter of 2012.Chase was number two in the first quarter, followed by Quicken Loans, the largest nonbank lender nationwide, according to Inside Mortgage Finance.Quicken Loans was also the largest nonbank lender in California last year, according to the department.Kathleen Pender is a San Francisco Chronicle columnist.Top nonbank lendersCalifornia mortgages by nonbank lenders in 2015Quicken LoansPinnacle Capital MortgageUnited Shore Financial ServicesCalifornia Department of Business Oversight

    Source: SFGATE.com: Net Worth - Kathleen Pender blog
meridian home mortgage corporation ny