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Home » Store » News » National City Forges Unique Mortgage Banking Joint Venture with SussexBank

National City Forges Unique Mortgage Banking Joint Venture with SussexBank

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While most small banks that want to offer mortgage products partner with large mortgage operations via correspondent relationships, National City Mortgage and SussexBank have taken a different route. National City recently launched SussexMortgage.com, LLC, a joint-venture with SussexBank which will originate prime residential loans. National City handles all aspects of the loans while SussexBank receives a percentage of the profits. …
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