Mortgage Grapevine


To all who post on the vine - I wanted to let you know the Alterna Mortgage based in New Jersey has closed its doors for good. I have assisted many brokers and LO's on this site and I thank you all for the business we have done together.

The closing of Alterna was something that happened without warning to the employees late last week... and most of them are still out of work and looking. I however was able to take numerous files the same day and begin placing them elsewhere to help my broker client base as best as I could with the situation at hand. Those on the vine who know me and have worked with me certainly understand the level of commitment I have to my client base and I simply want the others I have spoken to over the past year to know I have already jumped on board with another Alt A lender and I look forward to continuing working with so many of you going forward.

Should anyone like to contact me - please see my contact information below. Currently email is the best way to reach me - as I am still overwhelmed with calls since Alterna's closing.

I thank you all again and look forward to keeping the vine lively!!


Scott Williams
National Account Executive
Wholesale Desk

Carnegie Mortgage
120 Eaglerock Avenue
East Hanover, NJ 07936

Tel. 973-224-9951

work smart - play hard - live well

by Alt A Specialist April 10, 2007 12:00 AM

Scott, it´s been a pleasure working with you, and I hope you land on your feet. You are one of the best AE´s in the business.

I don´t think you´ll be out of work long.
by number22 April 10, 2007 12:00 AM


Do you have any idea how many lay-offs took place?
by MortgageDaily April 16, 2007 12:00 AM


(No password? Register here)
(Don't be a nuisance.  Please avoid offensive language.  Advertisements are not allowed.)