Monthly Archives: May 2019

Revised Overlay Matrix

May 17, 2019 — Please take a moment to review the updated Overlay Matrix, available on our website as of May 17th, 2019. Below is a list of the most significant changes to the Overlay Matrix: No score/non-traditional credit allowed on all loan programs, subject to Agency Guidelines. No maximum DTI on all loan programs that receive an AUS …
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Notice of Business Merger & Name Change

May 3, 2019 — On December 5, 2018, Gateway Mortgage Group, LLC (“Gateway”) entered into a definitive merger agreement pursuant to which Farmers Exchange Bank will merge with and into Gateway, with the resulting entity to be known as “Gateway First Bank”. The transaction is currently scheduled to close on May 3, 2019, subject to the satisfaction of all …
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