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Prospect Mortgage information


Prospect Mortgage
Company typePrivate
IndustryFinance
Founded2007
Defunct2017
Headquarters
Sherman Oaks, CA
,
U.S.
Area served
United States
Key people
Mike Williams (CEO)
Doug Long (President of National Lending)
ProductsFinancial services
ParentProspect Holding Company, LLC

Prospect Mortgage was a residential retail mortgage lender that offered a range of home loans.[1][2] The company was founded in 2007 and was headquartered in Sherman Oaks, California with retail offices across the United States. The company was backed by the private equity firm Sullivan Partners.[3] In 2011, Prospect Mortgage was ranked number 2 on Mortgage Executive Magazine's list of the "Top 100 Mortgage Companies in America",[4] and was a top 10 national home purchase lender in 2012.[5][6]

  1. ^ "Metrocities Mortgage Branches in New York Changing Name to Prospect Lending, LLC". PR Newswire. 30 October 2009. Retrieved 18 March 2015.
  2. ^ Swanson, Brena (25 June 2014). "Prospect Correspondent Lending scales back footprint". HousingWire. Retrieved 18 March 2015.
  3. ^ Muolo, Paul (29 November 2012). "Private Equity Fund Hires Ex-Fannie Chief to Chair Mortgage Unit". National Mortgage News. Retrieved 18 March 2015.
  4. ^ "Top 100 Mortgage Companies in America 2011" (PDF). Mortgage Executive Magazine. 2011. Retrieved 18 March 2015.
  5. ^ "National Mortgage Professional Magazine Presents Top Mortgage Employers". National Mortgage Professional Magazine. 16 March 2015. Retrieved 31 March 2015.
  6. ^ "California Department of Business Oversight". www.dbo.ca.gov. Archived from the original on 2016-10-01.

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