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EnTrust Funding Launches to Become a Trusted Partner in Mortgage Lending – SCOTTSDALE, Ariz., April 30, 2019 /PRNewswire/ — EnTrust Funding (ETF) was launched to bring a fresh take on the mortgage lending industry, with no intentions to become the biggest in the industry.
Expect more banks to exit national mortgage lending. – Seattle’s HomeStreet Bank, with about $7.1 billion in assets, got its start about a century ago as a private mortgage bank. But it saw its profit margins on home loans cut in half since the 2008 financial crisis. The bank’s national mortgage business managed to break even in 2017 before HomeStreet decided to sell it earlier this year.