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SouthStar Funding's Correspondent Lending Group Provides Greater Options for Brokers Looking to Increase Revenue; Non-Conforming Wholesale Lender Enables Correspondent Lenders to Take on Risk and Responsibility at a Level Most Comfortable for Them.

Business Wire

| July 25, 2005 | COPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ATLANTA -- SouthStar Funding, a non-conforming wholesale lender, has enhanced its correspondent lending offering by combining its Correspondent Partnership Division with its Loan Acquisition Group to become the Correspondent Lending Group. The group combines the existing flexibility and services of its predecessors, offering flexible options to correspondents, catering to special needs and providing extensive training. The Correspondent Lending Group targets community and regional banks, credit unions, mid-size mortgage lenders, mortgage brokers and homebuilders. Senior Vice Presidents Tommy E. Cruse and Brynn Stensrud lead the group, which officially launched on June 15, 2005. …

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