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News Briefs

October 30, 2015
Parkside Lending’s insurance subsidiary recently became a member of the Federal Home Loan Bank of Cincinnati. Parkside said access to FHLBank advances will help provide leverage to Parkside Mortgage Trust, a real estate investment trust. Officials at Parkside wouldn’t address the amount of advances PSL Insurance Company will have access to or whether the advances will help fund originations of non-agency mortgages. In addition to conventional conforming offerings, Parkside originates non-qualified mortgages. Resitrader recently launched...[Includes four briefs]
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