Heartwell Mortgage - Wholesale, Retail
Update - 2008-05-28: A former employee who saw our listing here emailed with more detail on the company, saying "our wholesale numbers were about 30-40mil a month, retail was 8-10. Those numbers were normal times, was much better during the boom much lower at the end." We asked about peak volume, employees, etc. and received this response:
Subsequent to posting this data, we have received additional confirmation of Heartwell's closure by way of a news article. It would seem that all of Heartwell has imploded:
Based on this information, we have now listed Heartwell's retail and wholesale operations as "imploded".
Original Listing - 2007-06-26: The following memo was released on June 15th (Cached version on Heartwell website):
We are trying to find additional information regarding the size of Heartwell's Wholesale and Correspondent lending operations. Should you have any information, please contact us.
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.