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Wholesale Lending
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Sovereign Wholesale Lending has an aggressive mix of portfolio, agency, and alternative "A" products to help you choose the right financing options for your customer. |
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Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company of Sovereign Bank, a financial institution with $85 billion in assets as of December 31, 2007 with principal markets in the Northeast United States. Sovereign Bank has 750 community banking offices, over 2,300 ATMs and approximately 12,000 team members. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign is the 19th largest banking institution in the United States.
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Sovereign's Mortgage Banking Wholesale Lending Division is headquartered in Villanova, Pennsylvania, approximately 20 miles northwest of Philadelphia. Loans are originated through both broker and correspondent channels.
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Sovereign Wholesale practices a zero tolerance policy relative to loan fraud and misrepresentation. We perform both pre-funding and post-funding transaction reviews and data integrity re-verifications to insure loan quality.
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Equal Housing Lender - Member FDIC
