BankUnited has stopped offering retail residential mortgage loans to consumers and laid off some of its workers.
South Florida’s largest locally based bank said new residential mortgages weren’t generating enough business but current mortgage holders won’t be left in the lurch.
“We remain committed to honoring all of our current loan commitments,” said Mary Harris, a spokeswoman for BankUnited.
Harris said the Miami Lakes-headquartered bank is maintaining other aspects of its mortgage business, including mortgage warehousing, buying mortgages around the country and its servicing business. She declined to say to how many workers had been laid off.
keyboard shortcuts: V vote up article J next comment K previous comment