ResMac Moves Into The Northeast

Residential Mortgage Acceptance Corporation (ResMac) has expanded into the Northeast. ResMac is a privately held national mortgage asset aggregator and mortgage lender. ResMac purchases Government and Agency backed mortgage assets which may be securitized by Fannie Mae, Freddie Mac or Ginnie Mae. As a result, ResMac is a Direct Lender and Direct Endorsed Mortgagee for FHA, VA and USDA, offering just about every product available in the mainstream residential mortgage market. ResMac corporate headquarters is located in Boca Raton, FL. They also have operational centers in Newport Beach, CA and Addison, TX.

The Senior Management of ResMac, Inc is committed to delivering the highest quality of mortgage assets to our group of our group of investment partners and investors. As a management team with decades of experience securitizing billions of dollars of mortgage assets and developing and managing correspondent, wholesale and regional origination channels, ResMac has the skills to outperform many of its competitors.

“It is very exciting to have such a dynamic lender move into Maine”, says Dale Doughty a local Mortgage Professional who recently joined ResMac. “The mortgage lending market in Maine had become quite stale and difficult for many people to navigate due to numerous, difficult to understand guidelines and overlays

Dale Doughty

daledaledoughty-com

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Assistant Vice President/Mortgage Account Officer at People's United Bank
  • Ex-emp. of Resmac

    ResMac is one off the worst “lenders” to work with. They lost their wholesale staff, they all walked away from the company. Major delays in funding and approved loans often did not close due to no end buyers.

  • Ballard Pj

    I found Resmac to be a effecient, proffesional Lender who processed my complicated loan application quickly and closed my loan in less than 30 days. Their Rep. was knowledgable and the underwriter willing to explore fully my situation and ultimately issued my approval.

    Great Company, Great People

  • Theman2k1

    ResMac is a bunch of crooks, check them out on RipRoffReport.com

    http://www.ripoffreport.com/mortgage-companies/resmac-inc/resmac-inc-shady-and-crooke-07b2c.htm

  • Giligan

    Shady company, never honored what they promised, they dont sell direct to GSE’s, and have more overlays than Frito’s. It’s all talk and the owner is a lawyer which acts as their legal department, getting nothing done. Employment turn over is ridiculous and they are being sued by atleast 4 ex employees. If you work for them expect turbulence, lies, and no commission for loans. If you get a loan thru them expect pain in the ass conditions, delays, lies, and misery.

  • Harvey Kopelowitz

    Agreed! I was an underwriter for Resmac very lousy company.

  • dr mortgage

    okay folks a little piling on? harvey is current chairman so don’t think he thinks company is lousy, but true he is attorney. our group joined in ocotober and they have continously improved since we’ve been on board. as for the california group, seems they wanted to pay a bunch of unlicensed loan officers and got caught. resmac is growing quickly and nelson haws is the real deal, and they do not have any overlays on govie loans except credit scores…as for underwriting, well this business is not easy for anyone. most big bankers are at 10 to 15 days in uw these days. bottom line is this company will be one of the leaders in the country over next five years, but they did get off to a challenging start. that was then, and this is now.

  • Updownkh

    Horrible company.. Stay far away. Impossible to even get paid on deals.. Maybe its time to change the name

  • Frankthetank

    Maine, you have no idea what you are saying, there is no leadership in this company. Harvey is a liar and wanna be in the mortgage business. Nelson is an asshole. combined you have a soggy fruit roll up that will give you the runs! Resmac is not a GSE direct, they lied about that, they also cook their books so they provide an unaudited statement for continuation of being a banker, in reality they have no money, often times warehouse line cuts them off, and Wells Fargo needs to be sued because of Resmac wrong doing so they learn their lesson not to buy loans from Harvey the jew = cheap bastard

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