Millenia Forms Wholesale Division

Millennia Mortgage Corp., Laguna Hills, Calif., has announced the formation of a wholesale division.Citing its history of offering niche mortgage products and a "dedication" to technology, Millennia said it is "poised to deliver quality product to its expanding broker base." The company said it sells directly to 16 investors, offering loan products such as home equity loans, home equity lines of credit, stated-income loans, and loans with high loan-to-value ratios.