Rhode Island's Citizens Bank Pulls Plug on Wholesale Originations

Mortgage Rates on the Rise: How Originators Can Adapt
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.

Estimated reading time: 0 minutes, 14 seconds

Friday, Nov 24 2023

Written by The Mortgage Leader

Citizens Bank has told broker partners that it is shuttering its wholesale mortgage lending channel. So reports Investing.com.

Citizens The Providence, Rhode Island-based bank cited high interest rates and tough competition.

Citizens currently ranks as the 28th biggest U.S. mortgage lender.

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