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Prospect Mortgage Newsroom

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Prospect Holding Company to Hold Bond Investor Call

Published on: 03/27/2014

Prospect Holding Company, LLC will report financial results for the quarter ended December 31, 2013 on a bond investor call to be held Tuesday, April 8 at 8:00 am PT, 11:00 am ET for one hour. Continue Reading »

Prospect Mortgage Launches Texas Builder Division

Published on: 02/20/2014

Prospect Mortgage, LLC has launched a new Builder Division in Texas focused on mortgage products for new home construction. Prospect’s Texas Builder Division will be located in the Company’s 30,000 ... Continue Reading »

Prospect Mortgage Acquires Former Impac Branches

Published on: 01/14/2014

Prospect Mortgage, LLC has acquired certain assets of the retail mortgage branch operations of Excel Mortgage Servicing, Inc. dba Impac Mortgage ("Impac Mortgage") in four Western states. ... Continue Reading »

Diamond Mortgage Group Joins Prospect Mortgage

Published on: 01/06/2014

Prospect Mortgage, LLC has announced the acquisition of The Diamond Mortgage Group, LLC™ (“Diamond”). The addition of Diamond brings to Prospect four experienced mortgage professionals and one of ... Continue Reading »

Prospect Mortgage Completes $150 Million Bond Offering

Published on: 09/30/2013

Prospect Holding Company, LLC, the parent of Prospect Mortgage, LLC ("Prospect" or the "Company") has issued a $150 million bond offering of five-year senior notes. Continue Reading »

Prospect Mortgage Launches Union Benefits Program

Published on: 09/04/2013

Prospect Mortgage, LLC has launched a customized Union Benefits Program that provides labor union members and their families assistance toward achieving and sustaining home homeownership. Trade ... Continue Reading »

Prospect Mortgage Names Amy Brandt as Chief Operating Officer

Published on: 07/05/2013

Prospect Mortgage, LLC has named veteran mortgage finance professional Amy Brandt as Chief Operating Officer. In her new role, Ms. Brandt will oversee all aspects of the Company's operations, ... Continue Reading »

Prospect Mortgage Launches National Television Campaign Highlighting Renovation Loan Product

Published on: 02/19/2013

Prospect Mortgage, LLC is launching a national television campaign to create awareness for the company's renovation home loan program and to build its national brand presence. Continue Reading »

Prospect Mortgage Names Michael J. Williams, Former Fannie Mae CEO, as Chairman

Published on: 11/29/2012

Prospect Mortgage, LLC, a leading home purchase lender, has announced the appointment of Michael J. Williams, the former President and CEO of Fannie Mae, as Chairman of its Board of Directors. Continue Reading »

Prospect Mortgage Offers Loan Assistance to Those Impacted By Hurricane Sandy

Published on: 11/15/2012

Prospect Mortgage, a leader in home renovation and purchase financing, is offering two loan programs that can help those impacted by Hurricane Sandy rebuild their lives. These Federal Housing ... Continue Reading »

Amy Brandt to Lead Expansion of Prospect Mortgage's Correspondent Lending and Loan Servicing Offerings

Published on: 11/09/2012

Veteran mortgage finance professional Amy Brandt has joined Prospect Mortgage, LLC to lead an expansion of the company's correspondent lending and loan servicing capabilities. Continue Reading »

Sandra Bell Joins Prospect Mortgage as CFO

Published on: 11/07/2012

Sandra E. Bell has joined Prospect Mortgage, LLC ("Prospect" or the "Company") as Chief Financial Officer. Ms. Bell will oversee all financial activities of the Company. Continue Reading »

Prospect Mortgage Sees Underwater Refinances Quadruple Following Government Refinance Program Changes

Published on: 10/24/2012

Changes to the Department of Housing and Urban Development's Home Affordable Refinance Program (HARP), which offers underwater homeowners the opportunity to refinance at today's historically low ... Continue Reading »

Prospect named financing partner for HomePath® mortgage that allows financing on up to 20 properties!

Published on: 09/19/2012

Fannie Mae, the government-sponsored enterprise chartered by Congress to assist the mortgage industry, has expanded its HomePath® Mortgage program and named Prospect Mortgage as a new financing ... Continue Reading »

Prospect Mortgage Launches New Construction Division

Published on: 09/12/2012

With the U.S. Census Bureau reporting an increase of more than 25 percent in new housing permits in the first half of 2012 (as compared to 2011), Prospect Mortgage is pleased to announce a new ... Continue Reading »

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