twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.


Speculation mortgage unit on the block

November 10, 2006


Sources say ABN AMRO Holdings NV, the Dutch international banking firm, may be interested in selling its mortgage division and is accepting bids.

The reports of ABN AMRO's plans, said a top executive of one of the nation's major mortgage lenders, have been passed on to him from several of his industry associates. But no one was yet aware of any bids or other interest, he told

A spokesman for ABN AMRO in Chicago said, "It's a company policy not to comment on rumors or speculation."

ABN AMRO Mortgage Group Inc. is a subsidiary of Chicago-based LaSalle Bank Corp., which is the North American business operations of ABN AMRO Holding NV. The mortgage group includes ABN AMRO Mortgage, ABN AMRO Apartment Lending, InterFirst Wholesale Mortgage Lending, LaSalle Home Mortgage, LaSalle Bank Retail Mortgage Operations and Standard Federal Bank Retail Mortgage Operations.

Thomas M. Goldstein is chairman, president and chief executive officer of Ann Arbor, Mich.-based ABN AMRO Mortgage Group, a position to which he was named in February 2005 after serving almost a year as senior executive vice president of La Salle Bank, which he had joined in 1998 as a group senior vice president in the finance division.

An official at one capital markets firm which specializes in mergers and acquisitions of financial services institutions told that he was surprised at the reports of the purported sale plans because of Goldstein's strong commitment to mortgage banking and was sure the development did not meet the ABN AMRO executive's approval. Goldstein, like others at LaSalle Bank and its mortgage subsidiary, declined to comment.

Speculation about ABN AMRO is emerging at a time when several mortgage banking operations have been closed down, sold to others, or put themselves up for sale amid declines in home sales and originations, including refinances, after several years of record lending activity.

ABN AMRO Mortgage Group, which reported $53.4 billion in 2005 production, is one of the largest loan originators and servicers in the United States, originating mortgage loans online, by phone and in person through its network of affiliated banks and other lending offices. It has nearly 3,000 employees across the country, according to a spokesman.

Jerry DeMuth is an award winning journalist who has been reporting for four decades.

e-mail Jerry at [email protected]
Logout forgot

Mortgage Fraud Statistics
Government and private data on volume of mortgage fraud activity.

Mortgage Fraud Index
Dollar and index amount by quarter and state.

Mortgage Fraud Litigation
Lawsuits and settlements invoving mortgage fraud by a lender insider. From 2007 through first-quarter 2013

Mortgage Fraud News
News stories about fraud committed against home lenders.

Mortgage Fraud Blog
Actions in mortgage fraud criminal and civil cases.

local mortgage fraud

mortgage fraud links

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders