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Taylor, Bean & Whitaker
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Founded in 1982, Taylor, Bean & Whitaker Mortgage Corp. (TBW) grew to become one of the largest privately-held mortgage companies in the United States. Headquartered in Ocala, Florida, the company specialized in originating, purchasing, selling, and servicing residential mortgage loans. At its peak, it was a major issuer of Ginnie Mae mortgage-backed securities. The company's history is now defined by its sudden and dramatic collapse in August 2009, which was triggered by the discovery of a massive, long-running corporate fraud scheme orchestrated by its senior executives.
United States
Industry
Financial