BankUnited stops making retail mortgage loans, lays off workers

Homeownership revives in Orlando Developer of Triton Center project in Miami at former INS building obtains $26M loan – South Florida Business Journal In 2013, the developers for the former INS location at 7880 biscayne boulevard, which the federal agency vacated in 2008. The developers have razed the building the INS occupied and plan to turn the 1.4-acre property into a mixed-use development called Triton Center , designed by Stantec .

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The company exited the mortgage origination business on November 7, 2017, laying off 1,100 employees. This was the second closure; the first occurred on August 20, 2007, when GreenPoint Mortgage unit was closed. GreenPoint had been acquired December 2006 when Capital One paid $13.2 billion to North Fork Bancorp Inc.

BankUnited has stopped offering retail residential mortgage loans to consumers and laid off some of its workers. South Florida’s largest locally based bank said new residential mortgages weren’t.

The Troy-based subsidiary of United Shore Financial Services reported a 77 percent increase in wholesale mortgage loans from 2015.. laid off 12,000 workers. in retail mortgages – almost 22.

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About SunTrust Banks Inc.: SunTrust Banks, Inc. is large bank holding company. As of 2016, SunTrust Bank operates 1,400 bank branches and 2,160 ATMs across 11 southeastern states and Washington, D.C. The bank’s primary businesses include deposits, credit cards, landing and trust and investment services.

ST. PETERSBURG – Mortgage Investors Corp. laid off nearly 500 workers, including 256 in its St. Petersburg headquarters, and stopped making new home loans in a stunning pullback Monday.

 · Home mortgage â" Capital One was one of the largest mortgage lenders, with $21 billion in home loans outstanding as of December 31, 2016. It exited the mortgage industry on November 7, 2017, laying off 1,100 employees. It was the 12th-largest mortgage lender among banks standing at $20.6 billion worth of residential mortgages.