By coupling aggressive recruiting of loan originators and increasing its presence in the home-equity division, Chase Manhattan Mortgage will not have that much of a decrease in retail origination, says Thomas Garvey, executive vice president of national production for Chase Manhattan Mortgage Corporation
, Edison, New Jersey.
He began making his mark on the mortgage technology industry during his years at Chase Manhattan Mortgage Corporation
(CMMC), Edison, New Jersey, and at its predecessor companies, Margaretten Mortgage Co.
Cenlar joins Chase Manhattan Mortgage Corporation
, Countrywide Home Loans Inc., First Nationwide Mortgage Corporation, HomeSide Lending and Wells Fargo Home Mortgage in support of the initiative.
Rotella has been named president and chief executive officer of Chase Manhattan Mortgage Corporation
in Edison, New Jersey.
We would like to say a special thanks also to all the very smart people who work in the mortgage business--but especially those who have been our columnists this year in Executive Suite: Tom Jacob (in this issue), chairman and CEO of Chase Manhattan Mortgage Corporation
; Angelo Mozilo, chairman and CEO of Countrywide Credit Industries; and John Robbins, chairman and CEO of American Residential Investment Trust.
David Barkley, Freddie Mac; Tim Ryan, Fannie Mae; Lisa Bolelli, First American Financial Corporation; Kelly Throckmorton, American Land Title Association; Tern Madden, Chase Manhattan Mortgage Corporation
; Robert McFarland, Waterfield Financial Corporation; Mark Standring, Countrywide Home Loans; Donna Bellamey, Irwin Mortgage Corporation; Richard Lembach, MGIC Investment Corporation; Dave Matthews, Ultraprise Corporation; Craig Foote, ALLTEL; Richard Taylor, Fiserv; and
IRVINE, CALIFORNIA--BASED PRUDENTIAL Real Estate Affiliates, Inc., Edison, New Jersey--based Chase Manhattan Mortgage Corporation
and Plantation, Florida--based mortgage.com have announced a joint marketing agreement to offer both traditional and online mortgage services to Prudential Real Estate Network's members.
In 1995, I became CEO of Chemical's residential mortgage business and in 1996, CEO of the Chase Manhattan Mortgage Corporation
upon the Chase-Chemical merger.
But the 1996 megamerger of Chase Manhattan Mortgage Corporation
into Chemical Mortgage has no obvious parallel in nature.