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Foundation Mortgage Corporation Expands Wholesale Lending Footprint Into Montana

Source: GlobeNewswire

Housing & Real EstateBanking & Liquidity

Foundation has obtained Montana state licensing, enabling it to offer non-qualified mortgage (Non-QM) lending solutions and broker-focused support to mortgage professionals in the state. The expansion modestly broadens the company’s geographic distribution and access to Montana’s mortgage market, but no financial targets, lending volumes, or earnings impact were disclosed.

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