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Huntington Bank Expands Commercial Banking with Corporate Mortgage Finance Business

Author

Slice of Finance Team
11 Sep

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)

Notable Quotes:

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"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
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"This expansion only strengthens our ability to meet the financial needs of companies that make up the mortgage ecosystem."

Scott Kleinman, President at Huntington Commercial 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.