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Correspondent Lending

Castlelake expands mortgage credit platform with Resfin Partners acquisition

Correspondent, Correspondent Lending, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination, Real Estate Investing /

Asset manager Castlelake has acquired a majority ownership stake in Resfin Partners, the parent company of mortgage correspondent business Eastview and lender to residential real estate investor Lendmarq, the firm announced on Wednesday. Over a multiyear relationship, Castlelake has acquired more than 4,000 senior structured loans from Eastview and Lendmarq, representing more than $2 billion […]

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Cardinal Financial launches nondelegated correspondent program

Correspondent Lending, HWmember, Lenders, Mortgage, Non-QM, Origination, Technology /

Cardinal Financial‘s third-party origination division announced Wednesday the launch of its nondelegated correspondent program that targets independent mortgage lenders. The program allows approved nondelegated correspondents to originate loans in their own name while using Cardinal Financial’s loan technology platform, Octane, which provides underwriting, pricing and other operational functions. “In a competitive market, lenders need to

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AmeriTrust hires Shea Pallante as it preps for correspondent lending launch

Correspondent Lending, HWmember, Lenders, LendingLife, Mortgage, Non-QM, Origination, Team Leaders, Wholesale Lending /

AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume. A mortgage industry veteran, Pallante joins AmeriTrust from non-QM wholesale lender Brokers First Funding. He previously served as president of now-defunct non-QM

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Logan Finance hires Chuck Vaughn to lead correspondent lending

Correspondent Lending, HWmember, Lenders, Mortgage, Non-QM, People Movers, Team Leaders /

Non-QM mortgage lender Logan Finance Corp. announced last week that Chuck Vaughn has joined the company as managing director of correspondent lending. Vaughn will oversee strategic initiatives, efforts to expand market share, the launch of Logan Finance’s select delegated channel and lead operational growth across its correspondent business. “We were seeking a proven leader who

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Planet Financial posts 64% annual growth in residential originations

Correspondent Lending, HWmember, LendingLife, Mortgage, Mortgage Servicing, MSRs, Origination, Planet Home Lending, Retail Lending /

Planet Financial Group LLC, the parent of national mortgage lender Planet Home Lending, on Tuesday reported strong growth across its servicing, origination and asset management channels in the second quarter of 2025. The company — which also does business under the name Planet Loan Servicing and asset manager Planet Management Group — grew its total

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