Royal Pacific Funding Introduces Correspondent Lending Channel – NMP Skip to main content

Royal Pacific Funding Introduces Correspondent Lending Channel

Navi Persaud
Oct 01, 2020
Royal Pacific Funding Logo

The company‘s correspondent channel will offer Fannie Mae, Freddie Mac, VA and FHA programs.

Royal Pacific Funding launched its correspondent lending channel, expanding into the sector, with plans of building its servicing portfolio, according to a press release.

The company's correspondent channel will offer Fannie Mae, Freddie Mac, VA and FHA programs. RPF is seeking to give its clients liquidity options in order to help them operate competitively and increase profitability, according to the release.

"We are excited to launch our Correspondent channel with 30 years of lending experience under our belt. RPF Correspondent is tailored to our partners' secondary needs and we look forward to offering a quick and simple purchasing process to enhance the sellers' lending abilities while facilitating continued growth in the market," said Sam Soliman, founder and CEO of RPF.

Additionally, the company engineered its Connect portal in order to facilitate effective management pipelines, making it easier for RPF to purchase loans with speed and upgraded customer service, according to RPF.

"It is a good time for us to launch this channel. Correspondent lending is not an entirely new concept for RPF, we are just in a position to expand on a scalable level," said Dawn Hill, chief financial officer of RPF. "We have third-party expertise, solid relationships, and a financial position to support this operation."

RPF is also looking to expand its correspondent national sales team.

Oct 01, 2020
Planet Home Lending Reports Q3 Gains In Asset Management, Servicing And Originations

The Planet Home Financial Group, LLC, parent company of Planet Home Lending, LLC and Planet Management Group, LLC reported steady growth across its servicing, correspondent and private-client channels.

Industry News
Oct 26, 2021
CoreVest To Expand Its Correspondent Channel

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.

Sep 20, 2021
Deephaven Hires A New VP Of Client Development, Correspondent

Andrew Spicer brings more than 30 years of correspondent and wholesale mortgage sales leadership experience to his role.

May 28, 2021
Carrington Mortgage Services Launches Delegated Correspondent Lending Channel

Carrington Mortgage Services LLC now provides retail, wholesale, and correspondent lending.

May 05, 2021
Plaza Home Mortgage Launches LINQ Correspondent Portal

LINQ will give correspondents real-time views of conditions and the statue of their purchase reviews.

Sep 24, 2020
The Survival Of Wholesale And Correspondent Lending

How wholesale and correspondent lending continue to outperform expert predictions.

Sep 22, 2020