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ABA provides alternative solution to Taylor, Bean suspension

Taylor, Bean & Whitaker Ceases Operations; ABA Offers Alternative Mortgage Solutions 


One of the bigger issues we've been getting calls about this week is the suspension of Ocala, FL-based Taylor, Bean & Whitaker from doing business with the Federal Housing Administration. Taylor, Bean was ranked 12th among U.S. mortgage originators this year, and it ceased operating on August 5th following is suspension by FHA.

The Independent Community Bankers of America had previously endorsed the firmed and Taylor, Bean was the ICBA's primary mortgage partner.

For banks that now need alternative solutions for their mortgage loans, the American Bankers Association offers a comprehensive suite of mortgage products with the top companies in the mortgage business.

ABA Total Business Solutions delivers a full menu of competitive mortgage solutions and partners with top companies in the mortgage business to bring bankers advantages in pricing, delivery options, technology and support. ABA Mortgage Solutions programs include Secondary Market Opportunities and Mortgage Insurance.

Please click here http://www.aba.com/BusinessSolutions/MortgageSolutions for access to the information about the ABA Programs, and call Deborah Whiteside, Senior Vice President, Mortgage Solutions, at 202-663-5580 with your questions! 

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