Capital Markets Cooperative announced a new strategic alliance with Sun West Mortgage Company that will provide CMC clients premier pricing and services as well as advanced training and marketing programs geared towards its clients.
“We’re very pleased to partner with Sun West Mortgage Company,” said Tom Millon, president/founder of CMC. “The firm’s approach to offering additional mortgage solutions and long-standing Ginnie Mae direct issuer status brings new competitively priced options to our membership.”
According to Pavan Agarwal, executive vice president of Sun West Mortgage Company, “We are proud to partner with Capital Markets Cooperative and member firms. CMC’s groundbreaking approach to mortgage banking fits with Sun West’s philosophy of helping our clients increases CMC’s product offerings which, in turn, benefits local borrowers.”
CMC recently announced that WL Ross & Co. LLC (“WL Ross”), a leading private equity investment firm founded in 2000 and led by Wilbur L. Ross agreed to make a strategic investment in the company.
“We have been very impressed by Tom Millon, his CMC team, and their strong network of partner financial institutions,” said Wilbur Ross, Chairman & CEO of WL Ross. “We look forward to working with CMC to expand the services that they can provide its partner institutions.”