Huntington Bank Expands Commercial Banking with Corporate Mortgage Finance Business
Slice of Finance Team
Sep 10, 2024
Key Highlights:
- Huntington Bank launches a corporate mortgage finance business as part of its commercial banking services.
- Led by Ken Logan, a mortgage finance expert with over 35 years of experience.
- Tailored funding and liquidity solutions offered to mortgage originators and servicers.
- Part of Huntington’s broader expansion strategy, including recent geographic and vertical growth.
Source (PR Newswire)
Quotes
“ "We have built a broad set of best-in-class capabilities to serve mortgage originators and servicers backed by highly experienced leaders who uniquely understand clients' needs." ”
Tizu Menelik, Executive Managing Director at Huntington National Bank
Our Take:
Huntington Bank's latest expansion into corporate mortgage finance signals its continued commitment to growing its commercial banking footprint. With a strong leadership team and tailored solutions for mortgage originators and servicers, this addition further positions Huntington as a comprehensive provider in the mortgage ecosystem. This aligns with their broader strategy of expanding into new markets and specialized verticals, enhancing their competitive advantage in the sector.
