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Home » Irwin Sheds Mortgage Unit, Focuses on HELs
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Irwin Sheds Mortgage Unit, Focuses on HELs

August 11, 2006
Irwin Financial Corp. has sold its conventional mortgage business in a move that the company says will allow it to focus on nonconforming loans and home-equity products. In a statement last week, Irwin said that it has reached an agreement to sell Irwin Mortgage to Freedom Mortgage, a New Jersey-based lender that features a number of prime and subprime products, including interest-only loans and reduced-documentation mortgages...
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