Review Mortgage Lenders

American Residential Lending

Address:
5909 NW Expressway Oklahoma City, OK 73132

New American Mortgage Merger Announcement on March Mar 17, 2011

Charlotte Chamber President Bob Morgan along with former NFL player Casey Crawford announce the merger of Charlotte companies New American ...

Young gun banker breaking the mold to become New York mortgage maestro

At 36, Ace Watanasuparp is on top of the world.

A vice president at Citizens Bank, the 12th largest retail bank in the country, he is also a co-owner of eight restaurants in New York City, became president of Douglas Ellimanʼs DE Capital Mortgage when he was 31, and was the first Asian-American walk-on basketball player at the University of Connecticut in 2000.

Watanasuparp is known to some of the biggest players in real estate, a fact that can easily be checked by browsing his frequently updated social media accounts where he can be seen taking part in panel discussions and industry events with the likes of retail veteran Faith Hope Consolo and DE president Dottie Herman commenting on his posts with praise.

Watanasuparp has built an impressive brand for his residential lending prowess, which he began at Bank of America in 2006. In a span of eight months, he built a team of 23 loan officers, and by 2008, his branch in Queens was tied with Manhattan for the highest performing office in the Northeast region.

Citizens Financial acquires Franklin American Mortgage for $511M

Citizens Financial Group bought Franklin American Mortgage Co. for $511 million in cash, company officials said Thursday.

It's the first major foray into Tennessee for Citizens, a Rhode Island-based financial institution with about a dozen bank branches around the country. 

The company will take over about 200,000 home mortgages, along with 1,000 new broker relationships and 600 smaller lending partners from Franklin American. It doesn't plan to open bank branches in the state, however. 

The acquisition catapults Citizens to being in the nation's top 15 businesses originating and servicing residential mortgages.

"We thought this was just an awesome fit," said Eric Schuppenhauer, who was tapped to lead Citizens' home mortgage division earlier this year. "We've not had a presence in Tennessee. Franklin American has channels that we don't have, and vice versa. We're starting to grow our mortgage presence across the country."

Is Obama going to CHANGE the lending practices of Fannie Mae and Freddie Mac? ?

Privatizing these institutions is not going to make the problems go away, sooner or later the realities must be admitted and handled correctly, this is simply going to make future Americans pay for this mess.


um... They were taken over by government. That's the opposite of privatization.

Yes, it's a put off. The inevitable will happen... but off of George Bush's watch.

People are dumb. It's a fact of life.