American Bank Mortgage Group has experienced a significant increase in submissions in its Retail channels over the past months. Much of it appears to be related to our competitiveness in both the conventional conforming and FHA arena. Due to the high volume of business in this Retail channel, we have decided to pool our resources to better support our Retail loan officers and  Retail Partners throughout the country.

It is with this in mind that we have decided to temporarily suspend all Wholesale operations until further notice. We will of course honor all loans in the current pipeline but will not accept new submissions at this time.

We thank you for your business and we will be back in touch with you should we decide to pursue correspondent business in the future. Additionally, should you be interested in joining our retail team, whether in groups or individually, please feel free to contact me directly for further information.

American Bank Mortgage Group is committed to Mortgage lending now and in the future.

Glenn Schwartz
Director of Mortgage Lending
Cell: 301.455.7777
Direct: 240.833.1390
gschwartz@americanfsb.com