ComUnity Lending Consolidates Nonprime Unit

ComUnity Lending, Morgan Hill, Calif., has consolidated its CreditFlex Funding nonprime lending division into its overall operations.The offices of CreditFlex Funding, which was started in late 2003 as the nonprime wholesale lending arm of ComUnity Lending, will now become ComUnity Lending offices, the parent company said. "We wanted to focus on providing a wide variety of products to our brokers, and found that having two separate divisions offering the same products was becoming redundant," said Jayson Stebbins, executive vice president of ComUnity Lending. "This is not a reflection on CreditFlex's success -- in fact, the division was very successful in developing new business in the nonprime lending arena for us." The company can be found online at http://www.comunitylending.com.