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Website: http://www.mortgageit.com/
Status
12/11/08 - MortgageIT released the following statement: "Deutsche Bank has made the difficult decision to close the MortgageIT US Wholesale Lending Division. MortgageIT will cease accepting new business as of December 11th and focus on existing business based on the below timeline: - New locks and/or new submission will not be accepted as of Thursday,December 11th.
- All loans that have been previously submitted regardless of status must be locked no later than Wednesday, December 24th.
- Locked loans must be submitted no later than Wednesday, December 31st.
- Loans must be closed and funded on or before Friday, January 30th.
1/16/08 - MortgageIT stated that they are preparing to close ALL branches EXCEPT for their Madison, Wisconsin branch: Read the Article
As of Novemeber, 2007, MortgageIT has opted to close their Retail Operations and pair down the wholesale operations: Read the Article Currently Wholesale operations continue, but are mainly limitted to FNMA products
In January, 2007 MortgageIT was acquired by Deutsche Bank: Read the Article
Types of Financing Provided
Residential
Wholesale Program Highlights
About the Company
MortgageIT, Inc., a subsidiary of Deutsche Bank, is a New York City-headquartered residential mortgage banking company, providing retail and wholesale products and services in all 50 of the United States. Originally founded in 1988, MortgageIT was acquired by Deutsche Bank in 2007 as a key element of the Bank's build-out of a vertically integrated mortgage origination and securitization platform. Through its more than 40 branch offices and approximately 2,500 employees nationwide, MortgageIT originates residential mortgage loans of all types. MortgageIT is one of the fastest-growing and largest residential mortgage loan originators in the U.S. and continues to expand its product offerings to clients across the country. The Wholesale Division of MortgageIT provides lending institutions throughout the United States with competitive loan rates, a wide range of loan-related products and unparalleled levels of quality service. MortgageIT’s Wholesale Division focuses on all conventional loan products, including Alt A, agency eligible and home equity loans. With a longstanding tradition of superior service and strong relationships, MortgageIT’s Wholesale Division prides itself on giving mortgage brokers the best execution available. MortgageIT’s Wholesale Division utilizes the same principles of specialized personal attention and competitive pricing used throughout the MortgageIT family of businesses. For more information, please visit
(2007). MortgageIT. Retrieved January 27, 2008 from https://wld.mortgageit.com/OurCompany.aspx
Licensed States
ALL 50 STATES
Contact Information
Madison Branch: 1350 Deming Way, Deming Park Bldg, 3rd Floor Middleton, WI 53562 Telephone: 608-824-2400 Fax: 866-238-3298
Corporate Headquarters: 33 Maiden Lane New York, NY 10038 Telephone: 877-684-4826
Account Executives
Brian Bourey (A through A-Alta Lending - Las Vegas, NV) E-mail:
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Telephone: 702-860-0241
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