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The Mortgage Graveyard 2016 Archives
Failed, Struggling and Acquired Mortgage-Related Companies

Non-Bank Closures 10
Bank Failures (FDIC) 6
Credit Union Failures 15
Total Mortgage-Related Failures
31


Closed

Acquired

2016 year-to-date closings: 31

Allied Bank

BankUnited (retail originations)

BOK Financial Corp. (correspondent)

Cardozo Lodge Federal Credit Union

Chester Upland School Employees Federal Credit Union

Clarkston Brandon Community Credit Union

Cory Methodist Church Credit Union

CTK Credit Union

Ditech Financial LLC (distributed retail channel)

Education Associations Federal Credit Union

Electrical Inspectors Federal Credit Union

Finance of America Mortgage (correspondent)

First African Baptist Church Federal Credit Union

First CornerStone Bank

Home Community Mortgage LLC

Internet Archive Federal Credit Union

Mildred Mitchell-Bateman Hospital Federal Credit Union

New American Funding (wholesale)

North Milwaukee State Bank

O P S EMP Federal Credit Union

Orange County Business Bank

PHH Mortgage (correspondent)

PHH Mortgage (PLS)

Servco Federal Credit Union

The Woodbury Banking Co.

Triangle Interests

Trust Company Bank

Two Harbors Investment Corp. (mortgage loan conduit and securitization business)

Valley State Credit Union

Veterans Health Administration Credit Union

W.J. Bradley Mortgage Capital LLC

2016 year-to-date acquisitions: 25

1st Portfolio Lending

AmeriPro Home Loans

Cimarron Mortgage Capital

Cooper Gay Swett & Crawford North America Holdings Corp.

Cousins Home Lending

Emery Financial

FirstMerit Corp.

First Liberty Financial Mortgage

First Niagra Financial Group

First Priority Financial

Fortren Funding LLC

goodmortgage.com

InsideValuation

JPMorgan Chase & Co. (rural housing)

Loans4Less.com

Mercantile Bankshares Corp.

MERSCORP Holdings Inc.

National Penn Bancshares Inc.

Oak Mortgage Company LLC

Optimal Blue Holdings

Orange County Business Bank

Platinum Data Solutions

Residential Credit

Sterling Bancorp (residential mortgage origination operations)

United Guaranty Corp.

 




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.


The Mortgage Graveyard
Failed, closed and a c q u i r e d mortgage-related entities.



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