Six months after shutting down its correspondent lending division, Illinois-based mortgage company Celebrity Home Loans‘ bread-and-butter retail channel is also at risk, multiple sources told HousingWire.  

According to former employees and business partners, several Celebrity’s retail branches transitioned to another lender in December and January. Celebrity is also in talks to strike a deal with Arizona-based On Q Financial regarding its remaining business. At this point, it’s unclear whether it’s a merger or acquisition. It’s also not immediately clear which assets would be involved in details ⇒

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