Total Mortgage Services Launches Wholesale Lending Platform

Posted by Orb Staff on July 14, 2010 No Comments
Categories : Residential Mortgage

Mortgage Services LLC has launched its wholesale residential mortgage lending platform, [link=http://www.tmsfunding.com]TMS Funding[/link], in 17 states. TMS Funding will operate through a centralized model from the company's headquarters in Milford, Conn. The company expects to expand its platform to at least 35 states by the end of the year. ‘There is a significant opportunity and need in the wholesale channel today for quality lenders,’ says John Walsh, President of Total Mortgage. ‘Many lenders have exited the wholesale business and the remaining participants seem to have lost touch with the needs of the broker community. Through our centralized model, TMS Funding will enhance efficiencies and provide best-in-class service at very competitive rates.’ The 17 states where TMS Funding is lending are California, Connecticut, Delaware, Florida, Georgia, Illinois, Massachusetts, Maryland, Michigan, New Jersey, New Hampshire, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. SOURCE: Total Mortgage S

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