Six months after shutting down its correspondent lending division, Illinois-primarily based mortgage company Celebrity Property Loans‘ bread-and-butter retail channel is also at chance, various resources instructed HousingWire.
In accordance to former staff members and small business associates, several of Celebrity’s retail branches transitioned to yet another loan company in December and January. Celebrity is also in talks to strike a deal with Arizona-based On Q Economical pertaining to its remaining organization. At this position, it is unclear regardless of whether it is a merger or acquisition. It is also not straight away apparent which belongings would be concerned in