First Niagara Financial Group (FNFG) is expanding its mortgage operations.
The Buffalo, N.Y., company is scheduled to open a processing center next month in Syracuse and hire more than two dozen employees to staff it.
It will be First Niagara's third mortgage-processing center and will support origination activities, the $36 billion-asset company said Thursday. Originations have grown by more than 66% over the past year, the Buffalo, N.Y., company said.
The new employees who will staff the center, along with mortgage lenders who joined First Niagara from its acquisition of 100 branches from HSBC, will serve customers in central and eastern New York. First Niagara employs about 500 people and has 49 branches in the region.
First Niagara said in October that it