Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending, a nonagency mortgage lender owned by funds managed by Apollo Global Management.
Dunmor CEO Franck Ruimy spoke with HousingWire‘s Sarah Wolak on why he anticipates 2025 will be a strong sales year, and he highlighted the recent growth for the business-purpose lending (BPL) sector. Ruimy noted that the BPL sector accounts for a significant portion of residential mortgage originations, with large investors increasingly turning to BPL lenders like Dunmor.
This interview has been edited for length and clarity.
Wolak: The details ⇒
BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com