"CCM's move comes roughly a week after United Wholesale Mortgage (UWM) said it would honor the anticipated 2026 limits. Another leading lender, Pennymac, followed suit two days later. The $819,000 loan limit that's expected for next year represents a 1.5% increase from the current limit of $806,500. It would also be much smaller than the 5.2% and 5.5% increases in the prior two years."
"Data from Inside Mortgage Finance for the first half of 2025 shows that CrossCountry was the eighth-largest lender in the U.S., originating $23 billion in mortgages from January through June. In the second quarter alone, it did $13.9 billion business up 52% from the first quarter and 33% higher than in Q2 2024. Last week, CCM announced a partnership with Ares Alternative Credit and Hildene Capital Management on $1 billion in equity commitments for a $20 billion expansion of its nonqualified mortgage (non-QM) asset management platform."
CCM announced alignment with the anticipated 2026 conforming loan limit of $819,000, following United Wholesale Mortgage and Pennymac. The projected limit is a 1.5% increase from the current $806,500 and is notably smaller than the prior two years' increases of 5.2% and 5.5%. Inside Mortgage Finance data shows CrossCountry ranked eighth among U.S. lenders in H1 2025, originating $23 billion from January through June and $13.9 billion in Q2 alone, reflecting strong sequential and year-over-year growth. CCM secured $1 billion in equity commitments to support a $20 billion expansion of its non-QM asset management platform to diversify product offerings, including residential transition loans and HELOCs.
Read at www.housingwire.com
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