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Wholesale originator Western Bancorp acquired by Eli Global, plans expansion

Aug 15, 2017By

Western Bancorp, a Silicon Valley-based wholesale mortgage originator, said this week that it plans to grow its business after being acquired by Eli Global, a private equity firm based in North Carolina. With the financial backing of Eli Global, Western Bancorp said that it also intends to “quickly expand” its operations beyond Silicon Valley and enter into new wholesale channels, including non-delegated and mini-correspondent.

3d rendering of a row of luxury townhouses along a street

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