Robert Johnson Creates Lending Facility for Mortgage Servicers

Written on 23 Dec, 2008 at 10:52 in B.E. 100s News | viewed 1,207 times | 4 Comments

Through Urban Trust Bank, Robert L. Johnson created a new entity, Homeowners First Bank. Homeowners First is an advanced lending facility or a bank designed specifically to provide temporary, advance funding to mortgage servicers. Mortgage servicers are the middlemen, who... (Continue reading)