There are only so many jumbo mortgages that community banks are willing to put on their books. LenderLive Network is positioning itself to buy the ones they don't want to hold.

The Denver outsourcer is expanding its correspondent lending channel by offering to buy jumbo loans from members of the Independent Community Bankers of America. LenderLive will buy fixed- and adjustable-rate jumbos with loan balances of up to $2 million.

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