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Nevada-based Panorama Mortgage Group (PMG) has announced launching a new brand, Prosperity Capital Mortgage, as part of its strategy to expand nationwide.
According to a release, Prosperity Capital is a full-service mortgage lender operating in Dallas, Houston, Austin, San Antonio, Las Vegas, Reno, and Sacramento, with plans to expand throughout the country. PMG will provide “key infrastructure and support” to the brand as an “entrepreneurial partner.” Specifically, the support includes human resources, finance, technology, legal and compliance services.
Industry veteran Ramaj Balley, former senior vice president at Hamilton Home Loans, will lead Prosperity Capital as president and CEO. He brings nearly 23 years of mortgage industry experience, including time spent at AmCap Mortgage, MiMutual Mortgage, American Financial Network, Fairway Wholesale Lending, Caliber Home Loans, and First Magnus Financial.
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