NasdaqGM:AMALBanks
Is Amalgamated Financial’s (AMAL) Embrace Loan Partnership a Clue to Its Mortgage Ambitions?
Embrace Home Loans recently announced an agreement with Amalgamated Bank under which Embrace will originate and service residential mortgages for the bank’s customers on a tailored platform.
The arrangement allows Amalgamated Bank to broaden its mortgage offering without building its own full-scale origination infrastructure, while still keeping customer relationships at the center of the process.
Next, we’ll examine how outsourcing mortgage origination to Embrace Home Loans could influence...