CFBank, the wholly owned banking subsidiary of CF Bankshares Inc., is ceasing its direct-to-consumer (DTC) mortgage lending activities and instead focusing on retail loan originations.
The company says it has suspended the origination of new rate-lock commitments through its DTC mortgage lending business effective as of June 30 and will work toward closing out its existing loan pipeline and commitments in the next few months.
CFBank’s decision to wind down its DTC mortgage lending
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