What is Taylor Bean & Whitaker?
Asked 7 months ago
Taylor Bean & Whitaker was a prominent mortgage lending company based in the United States. Established in 1982, TBW provided a range of mortgage services, including originating, underwriting, and servicing residential mortgages. The company specialized in offering loans that were insured by the Federal Housing Administration (FHA) and the Veterans Administration (VA). During its operation, TBW grew to become one of the largest privately held mortgage lending firms in the country. However, in 2009, the company faced financial troubles and was subsequently forced to shut down. This was primarily due to fraudulent practices, including the sale of fictitious mortgage assets. Following its downfall, TBW's assets were liquidated, and the company no longer exists today.
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