The Manufactured Housing Institute (MHI) reports Centerline Capital Group has changed its name to Hunt Mortgage Group after being acquired by Hunt Companies, Inc. Hunt provides financing for manufactured housing, student housing, co-ops and affordable rental homes. Woody Hunt, Hunt Cos. Chairman and CEO, said, “The acquisition of Centerline was extremely beneficial to Hunt as it enabled us to add a national mortgage-banking platform and significantly expand our affordable housing asset management business at the same time.” MHProNews has learned independently Hunt Cos. gains a mortgage-banking platform offering Freddie Mac, Fannie Mae, HUD/FHA and CMBS while servicing $12.4 billion in loans. The acquisition increases Hunt’s assets under management to $24.8 billion. ##
(Image credit: Hunt Companies, Inc.)