Homeland Capital Group - Wholesale Subsidiary of First Greensboro
2007-05-03
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We have multiply-obtained official notice that this company has ceased accepting wholesale submissions (below). As is typical in these tumultous times, there is no word on future plans:
Effective immediately, we will no longer accept Wholesale submissions for approval. It has truly become impossible for us to compete in the current environment with the consistency that we, as well as our brokers, are accustom to and deserve.
Therefore, we will accept any legitimate prior approvals in the form of final packages between now and the 15th of May. Those, and any current files pending, must have stips cleared and close by the 22nd of May.
Regards,
Bob Garrison
Executive Vice President
First Greensboro Home Equity, Inc.
We're currently not clear on the loan mix of this company or other vital stats; stay tuned (or send in information if you know more). Their web site is still up and operating.
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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.