Rosegate Mortgage LLC, a Charlotte, North Carolina-based mortgage lender, has created a partnership with Rice Park Capital Management LP, a Minneapolis-based private investment firm, to launch a direct-to-consumer origination platform that will provide home financing opportunities for portions of the approximately $52 billion portfolio of mortgage servicing rights held by Rice Park’s subsidiary Nexus Nova LLC.
“We are excited to work with Rice Park and eager to grow alongside our new partner by providing home financing solutions and a wonderful experience for both pre-existing and new customers of Nexus Nova,” said Bryce Bradley, Rosegate’s president and CEO.
Craig Freel, Rice Park’s president and co-chief investment officer, said, “We’re looking forward to cultivating this relationship as it gives Rice Park the ability to provide certain Nexus Nova customers with a range of options for new loans.”
;
