NatWest expands mortgage subsidiary.

JERSEY CITY -- NatWest Home Mortgage Corp. said it has opened an office in a Wall Township, N.J., industrial park.

The mortgage subsidiary of National Westminster Bancorp will use the new facility for loan origination and production. It will continue to use its Manahawkin, N.J., location for mortgage loan servicing.

John Imbriale, managing director of NatWest Home Mortgage, said the mortgage subsidiary, with some 100 employees, will be increasing staff immediately to cope with rapid growth. "We are looking to become a much larger player in the mortgage area," he said.

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