CrossCountry Mortgage

CrossCountry Mortgage (also known as CCM) is a privately-owned nonbank mortgage lender based in Cleveland, Ohio. It was founded in 2003 by Ron Leonhardt. It is consistently ranked within the five largest retail mortgage lenders in the United States based on loan volume, reporting an origination volume of $49 billion and 125,000 loans in 2025.[1][2] They also operate a third-party origination and mortgage investments[3] division operating as Valere Financial.[4][5] They are the sponsor of the Cleveland Browns training facility, the CrossCountry Mortgage campus.[6]

CrossCountry is frequently involved in acquiring other mortgage lenders such as LendUS,[7] TwoHarbors,[8] and First Choice Loan services (the operator of Costco's mortgage program).[9] The company has also been involved in numerous lawsuits with federal agencies[10][11][12][13] and competitors[14][15]

References

  1. ↑ Ostrowski, Jeff (2026-05-05). "10 Largest Mortgage Lenders In The U.S." Bankrate. Retrieved 2026-07-04.
  2. ↑ Neubauer, Kelsey (2024-11-26). "The 10 largest mortgage lenders in the U.S." CNBC. Retrieved 2026-07-04.
  3. ↑ "Ares Management Leads $400 Million Credit Facility to CrossCountry Mortgage".
  4. ↑ Deer, Erika (2023-10-03). "Valere Financial Joins Lender Price Marketplace to Showcase Non-QM Programs". Lender Price | Mortgage Pricing Engine. Retrieved 2026-07-04.
  5. ↑ "CrossCountry Expands Capital Arm, Boosting Non-QM Market Presence". nationalmortgageprofessional.com. 2025-09-22. Retrieved 2026-07-04.
  6. ↑ "CrossCountry Mortgage Campus". Haslam Sports Group. Retrieved 2026-07-04.
  7. ↑ Nunes, James Kleimann, Flávia Furlan. "CrossCountry strikes a deal to acquire LendUS". HousingWire. Retrieved 2026-07-04.{{cite web}}: CS1 maint: multiple names: authors list (link)
  8. ↑ "Two Harbors Shareholders Approve CrossCountry Mortgage Acquisition". nationalmortgageprofessional.com. 2026-07-02. Retrieved 2026-07-04.
  9. ↑ Lane, Ben. "CrossCountry Mortgage buys First Choice Loan Services". HousingWire. Retrieved 2026-07-04.
  10. ↑ "CrossCountry Alleged to Have Participated in Kickback Scheme | Inside Mortgage Finance". www.insidemortgagefinance.com. Retrieved 2026-07-04.
  11. ↑ "CrossCountry Mortgage Loan Officers Must Arbitrate Wage Claims". Archived from the original on 2023-12-05. Retrieved 2026-07-04.
  12. ↑ "Retail Mortgage Lender Sues IRS Over 3.77 Million Adjustment".
  13. ↑ "CrossCountry Mortgage hit with $2.1m verdict in age discrimination lawsuit". Mortgage Professional. 2025-06-02. Retrieved 2026-07-04.
  14. ↑ "CrossCountry Challenges Court Order in Gallo Mortgage Fraud Case". Cole Schotz. Retrieved 2026-07-04.
  15. ↑ "Guild Mortgage poaching suit against CrossCountry is revived". National Mortgage News. 2026-06-16. Retrieved 2026-07-04.
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