Greystone Residential Funding (GRF), provider of lending services for community banks and credit unions, has undergone a change in ownership. The new equity partner is a group of private investors focused on businesses that serve community banks and credit unions.
The company also says that it will transition to a new name, QR Lending, over the ensuing months as its state registrations are completed. QR Lending is designed to be a resource for community lenders, handling all aspects of originating, processing, underwriting, closing and servicing mortgage loans.
‘Our new equity partners have built a strong track record in the community banking and credit union markets,’ says Dan Rotert, president and CEO of Greystone Residential Funding. ‘This change provides us with leadership that has a heightened focus on serving this market and is a very positive development not only for GRF, but for our customers and partners.’
Source: Greystone Residential Funding
