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Bank execs reject reports of plans to abandon the sector.
CoreVest American Finance LLC is expanding its business purpose loan correspondent channel, following the pricing of its inaugural securitization of bridge loans on transitional housing assets.
Andrew Spicer brings more than 30 years of correspondent and wholesale mortgage sales leadership experience to his role.
2020 was a historic year for many in mortgage banking.
Carrington Mortgage Services LLC now provides retail, wholesale, and correspondent lending.
The company‘s correspondent channel will offer Fannie Mae, Freddie Mac, VA and FHA programs.
Sprout will offer four loan programs that will target the needs of borrowers across a broad spectrum.
Reliant’s new correspondent lending team will be led by Jackie Weed.
The financial details of the transaction were not disclosed.