Movement buys Platinum Mortgage’s Alabama retail operation Movement Mortgage purchased the two branches that comprise Huntsville, Ala.-based Platinum Mortgage’s retail business just weeks after the latter company sold its wholesale division.
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Movement Mortgage acquiring retail operations of Platinum Mortgage. expands alabama footprint. Last month, when Home Point announced it acquired the wholesale lending division of Platinum.
Last month, when Home Point announced it acquired the wholesale lending division of Platinum Mortgage, everyone wondered what would happen to the retail lending side.. Well, wonder no more. As of this morning, Movement Mortgage, a top 10 national retail mortgage lender, tells HousingWire it is acquiring the retail lending assets of Platinum Mortgage.
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