Hudson United Approved as Mortgage Banker in New York
Real Estate In-Depth | April 2018
NANUET—Hudson United Mortgage recently announced that it has been approved as a mortgage banker in New York. The new license will allow Hudson United to operate as a correspondent lender in its own name, control more of the process, and bring on additional investors with niche products.
“This is a tremendous achievement and opens an exciting new chapter for us,” said Daniel Rand, compliance director of home services for Hudson United. “We’re now building a cutting-edge lending platform from the ground up with some of the industry’s most-respected lending partners and advisors.
With the new license, Hudson United intends to sell home loans to a larger group of national investors, in addition to the 36 broker-investor partners with whom they currently work. This allows the firm to access more jumbo and niche FHA products then before.
“Hudson has grown to be the largest mortgage broker originating in New York State and we intend to maintain our strong brokerage platform while expanding on our investor networks with the inclusion of correspondent banking channels,” said Joseph Rand, president of Hudson.
“Our goal is to offer more options and greater control for our, and referral partners and clients,” said Christopher Rand, director of operations for Hudson.
Hudson is seeking to recruit new and experienced mortgage loan originators for our current and existing branch investment opportunities. Hudson United is already licensed and operating as a Mortgage Correspondent Lender in New Jersey, Connecticut, and Florida.
Hudson United Mortgage, Title, and Insurance are a family of companies with common ownership dedicated to making the process of buying a home easier and more affordable. Hudson United Mortgage Services, LLC is a mortgage abstract company licensed in New York, New Jersey, Connecticut, and Florida. Hudson United Title Services, LLC is an in-dependent title insurance abstract company licensed in New York and New Jersey. Hudson United Insurance Services, LLC is an insurance abstract company licensed in New York and New Jersey.