Silicon Valley's 'bridge bank' resumes mortgage originations
Briefly

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established "bridge bank" - just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers."We are still open for business and my team is still working together moving the mortgage loans through our pipeline," Suzie Porter, director of mortgage operations at SVB, said in a social media post on Tuesday.
Read at HousingWire
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