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Supreme Lending to acquire Michigan Mutual: sources

Housing Wire

Dallas-based Supreme Lending has reached a deal to acquire Michigan Mutual , Inc. Founded in 1999, Supreme Lending originated $3.8 Though Pezzani said Supreme is focused on the retail component, they’d potentially “dip their toes” in the wholesale lending waters with the acquisition of MiMutual.

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NerdWallet enters the mortgage broker world with acquisition of Next Door Lending

Housing Wire

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. I have really enjoyed getting to know Next Door Lending’s principals, Doug [Liska] and Jonathon, through this process,” Chen said. As part of the deal that closed Oct.

Lending 477
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Commercial and Multifamily Lending Projected to Climb

Appraisal Buzz

The commercial and multifamily lending market is poised for significant growth in 2025, with borrowing and lending expected to increase by 16% year-over-year. Multifamily lending, which is included in the total figures, is also expected to rise by 16%, reaching $361 billion in 2025 compared to $312 billion the previous year.

Lending 307
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Jennifer Folk joins Kind Lending as COO

Housing Wire

Kind Lending recently announced the appointment of Jennifer Folk as its chief operating officer. She’s also held a variety of roles from loan officer to COO at places like Minute Mortgage , Sierra Pacific Mortgage Company and Planet Home Lending. Folk also brings a legacy connection to Kind’s roots.

Lending 354
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Cornerstone Capital Bank launches community lending division

Housing Wire

Cornerstone Capital Bank , a national mortgage originator and servicer, is launching a community lending division to serve underserved communities, the company announced this week. ” The Community Lending Division will offer mortgage programs and products tailored to benefit underserved borrowers.

Lending 334
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The crucial role of community lending in our nation’s economy

Housing Wire

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The availability of funding at the local level is the driving force in building stronger communities.

Lending 382
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Guaranteed Rate Affinity appoints new mortgage lending VP

Housing Wire

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls is the latest addition to a leadership team of seven executives at the developing company.

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