Group One Lending - Wholesale Alt-A, Conforming
Sources have passed on an email notification that Group One Lending, the Portland, Oregon-based wholesale arm of NW Mortgage Group (grouponelending.com, has decided to close down. From the emailed notice:
Group One Lending focused primarily in Alt-A and conforming loans. Regarding their loan volume, a one source noted the following:
The above description was with regards to Group One Lending's peak operations.
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.