MortgageIT

MortgageIT formerly MIT Lending is a residential mortgage banking company that was founded in 1988 and is headquartered in New York City.

Also, MortgageIT is an approved U.S. Department of Housing and Urban Development (HUD) delegated mortgagee.

[2] The settlement, title and related services for mortgage loans were provided by Home Closer LLC, a subsidiary of MortgageIT.

In June 2005, MortgageIT sold 7,289,428 shares of its common stock in a secondary public offering.

On January 3, 2007, the acquisition was completed and expected to add to Deutsche Bank’s US residential mortgage business.