Ohio-based CrossCountry Mortgage has entered into an agreement to acquire California-based retail lender LendUs, multiple sources familiar with the deal told HousingWire. 

Founded in 2003 by mortgage broker Ron Leonhardt, CrossCountry originated $52 billion in mortgages in 2021, up 22% year-over-year, checking in as the 17th biggest lender in the country, according to Inside Mortgage Finance. 

LendUS doesn’t have quite the same heft. Founded after the combination of American Eagle Mortgage, Mortgage Financial, Regency Mortgage and RPM Mortgage, the company’s originations reached $7 billion in 2021, down 1% year-over-year. It has about 350 loan officers and details ⇒

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