Articles > Popular publications > PR Newswire press releases > April-June 1990 > Wednesday, May 16

Article: Standard Federal dominates the field in mortgage loan originations - $250,000 or less. (Standard Federal Bank, residential mortgage loans)

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PR Newswire
Article date:
May 16, 1990
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STANDARD FEDERAL DOMINATES THE FIELD

IN MORTGAGE LOAN ORIGINATIONS - $250,000 OR LESS

TROY, Mich., May 16 /PRNewswire/ -- Standard Federal Bank dominated the field in single-family residential mortgage loans of $250,000 or less for the first two months of the year. According to Lawyer's Title Insurance Company, the bank recorded 2,015 loans for a total of $130,853,000 in the southeastern Michigan market of Wayne, Oakland, Macomb and Washtenaw counties.

Total recordings for the bank for the months of January and February amounted to more than the combined total of the next two closest competitors. As a result, the bank's market ... 







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