July 26, 2014 12:18 PM ET

Thrifts and Mortgage Finance

Company Overview of 1-800 East West Mortgage Company

Company Overview

1-800 East West Mortgage Company operates as a mortgage lending company. It offers fixed rate mortgages, adjustable rate mortgages, interest-only programs, and first time home buyer programs; debt consolidation services; and payment saver programs. The company was founded in 1988 and is based in Marlborough, Massachusetts. 1-800 East West Mortgage Company operates as a subsidiary of Commerce Bank & Trust Company.

171 Locke Drive

Suite 107

Marlborough, MA 01752

United States

Founded in 1988

Phone:

978-536-4300

Fax:

978-854-1006

Key Executives for 1-800 East West Mortgage Company

Interim President
Vice-President
Age: 50
Compensation as of Fiscal Year 2014.

1-800 East West Mortgage Company Key Developments

Commerce Bank & Trust Suspends Operations of 1-800 East-West Mortgage

Commerce Bank & Trust Co. has largely suspended operations of its home mortgage subsidiary, 1-800 East-West Mortgage Co., Inc., and laid off half the subsidiary's workforce. As interest rates rise, fewer consumers have been seeking mortgages or refinancing. Bank directors will consider options for the subsidiary.

Commerce Bancshares Corp., 1-800 East-West Mortgage Co., Inc. and Commerce Bank in Worcester Elect Michael F. Collins to the Board of Directors

Michael F. Collins, chancellor of the University of Massachusetts Medical School in Worcester and senior vice president for the health sciences at the University of Massachusetts, has been elected to the board of directors of Commerce Bank in Worcester, as well as the boards of Commerce Bancshares and 1-800-East-West Mortgage Co. Dr. Collins was appointed chancellor of the medical school in September 2008 after serving as interim chancellor since June 2007.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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