Review Mortgage Lenders

Amera Mortgage

Amera Mortgage Corporation - Milford, MI

Amera Mortgage Corporation 517-768-1500

Cole Taylor Mortgage is hiring, expanding at Ann Arbor headquarters

It’s been eight months since Cole Taylor Bank moved its mortgage banking division’s headquarters to Ann Arbor, and the company — fueled by increased mortgage market share and improved margins — is significantly growing.

More than 250 employees now staff the office in the Northeast Corporate Center on Green Road, up from 115 employees when the division moved from Hamburg Township last year.

“We grew very significantly between 2011 and early 2012,” said Cole Taylor Mortgage President Willie Newman . “In November, sections of our space had no (cubicles), now you go in there and you can barely walk around.”

Newman spearheaded the launch of the mortgage unit for the Chicago-based bank in December 2009, right in the midst of the U.S. housing market meltdown.

His strategy: Enter the market at the bottom, not the top.

“We thought there was an opportunity for something to start up and start clean,” Newman explained. “It’s a clean sheet with none of the legacy issues, no old technology, no loans, delinquencies or the issues people read about.

Montgomery, Prince George's counties get most of Md.'s speed camera tickets

“Motorists stand at three times greater chance of being ticketed in Montgomery County and Prince George’s County than any other counties or jurisdictions in the state,” said John Townsend, AAA Mid-Atlantic’s manager of public and government affairs.

Maryland speed cameras are restricted to school and work zones, with the exception of Montgomery County, where speed cameras are also deployed in some neighborhoods, grandfathered into the state law.

There are also a surprisingly large number of jurisdictions in those counties — including Bowie, Hyattsville and Takoma Park — that also have speed cameras.

“There are more than 22 law enforcement agencies in those two counties alone that operate speed camera programs,” Townsend said.

Police say that the automated speed enforcement programs are important in slowing down drivers, especially in school zones. And while AAA Mid-Atlantic supports the speed cameras in school zones, its analysis shows that overall there was no meaningful reduction in the number of speed camera tickets issued in the state from 2016 to 2017.