WaFd Bank exits home mortgage lending, says model is ‘unsustainable’
Housing Wire
JANUARY 17, 2025
Seattle-based WaFd Bank , which has offered home loans for more than 100 years, announced Thursday in an earnings report that it will exit the single-family mortgage lending business. ” “We will be reaching out to clients who have active loan applications with additional details and deadlines. million profit in Q4 2023.
Let's personalize your content