Goldman Scaling Back Non-Bank Wholesaler

Published March 13, 2009, 1:00 p.m. EDT

1 Min Read

Goldman Sachs & Co. is scaling back the lending operations of Senderra Funding, Fort Mills, S.C., in particular its wholesale division, sources told National Mortgage News. A spokesman for Goldman Sachs in New York declined to comment. Goldman acquired Senderra a few years ago when it was known primarily as a subprime wholesaler. Today, Senderra is originating FHA-backed loans, Fannie Mae products and some jumbos. (For the full story see the Monday edition of National Mortgage News.)

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