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Article: STANDARD FEDERAL BANK RANKED NATION'S 8TH LARGEST MORTGAGE ORIGINATOR BY NATIONAL MORTGAGE NEWS FOR 2ND QUARTER 1995

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PR Newswire
Article date:
August 29, 1995
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Loan Volume Increased 61% Over 2nd Quarter 1994 
Leading Originator Among Thrifts

TROY, Mich., Aug. 29 /PRNewswire/ -- Standard Federal Bank today announced that it has been ranked as the eighth leading mortgage originator in the United States for the second quarter of 1995 by National Mortgage News, a leading newsweekly covering America's mortgage industry.

Standard Federal's record $1.8 billion in mortgage loan originations for the second quarter enabled it to increase its volume 61% over the same period in 1994 while most of the other top ten mortgage lenders experienced decreases in originations. In addition, Standard ...

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