Tag: mortgage-lending

Northpointe Bank to Exit Retail Mortgage Lending, Estimates Up to $7 Million in Restructuring Charges

Northpointe Bancshares, the Grand Rapids, Michigan, parent of Northpointe Bank, plans to exit its retail and consumer direct mortgage origination businesses and expects to pay between $6 million and $7 million in restructuring costs, mostly for severance and employee transition, the company disclose