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United Bank to consolidate its mortgage subsidiaries

United Bank will consolidate its mortgage subsidiaries into one unified mortgage business amid the housing industry struggles with elevated interest rates.

United Bank has been delivering mortgage services through three channels, including two mortgage subsidiaries — Crescent Mortgage Co. and George Mason Mortgage — and an in-bank channel.  

“In an effort to better serve our communities and provide a best-in-class mortgage business, we are consolidating our mortgage subsidiaries into one unified mortgage business. This consolidation will allow us to continue to take care of our customers and promote homeownership throughout details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com