Wintrust Announces Agreement to Purchase VA Lender’s Assets
December 22, 2017
Wintrust Financial Corp. has announced an agreement to purchase certain assets and assume certain liabilities of iFreedom Direct Corp., which originates VA-backed loans as Veterans First Mortgage.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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