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Real Estate

May 28, 2003

Nationwide Correspondent Network Targets State's Multifamily Market

BY JIM EMERSON Special to the CREJ San Diego's Cornerstone Realty Finance is the latest correspondent lender to join a growing network of lenders being assembled to target California's apartment market.

BY JIM EMERSON
Special to the CREJ

San Diego's Cornerstone Realty Finance is the latest correspondent lender to join a growing network of lenders being assembled to target California's apartment market.

HomeStreet Capital has a goal to make $50 million in loans in the state this year, through Fannie Mae's Delegated Underwriting and Servicing financing program.

HomeStreet is taking advantage of recent changes in the Fann...

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