Friday, April 27, 2007

Millennium Funding Group Folds

Just in......

Due to the current market conditions in our industry, Millennium Funding Group has elected to discontinue origination of residential mortgage loans. Effective immediately , we will no longer accept new mortgage loan applications, or issue approvals on new loans. However, in order to accomodate our borrowers, and our mortgage broker partners, we will continue to fund loans on which we have sent closing documents out through May 11, 2007.

To best serve your customers, we request that you place loans currently in the pipeline on which we have not sent closing documents to other lenders.

We regret having to take this action at this time and are hopeful we can partner with you again sometime in the near future.

If you have any question please call 360-433-6260.
Thank you for your understanding.

1 comment:

Anonymous said...

I guess the rumor was true. I had heard that they were going under from other loan officers and they are gone. Oh well another bites the dust.