Real Estate & Home

New Cheval Holdings acquires Surge, appoints Jimmy Gillespie as CEO

Ali Nemati7 hours ago27 sec read5 views0 listens

New Cheval Holdings has acquired Surge, a platform that aids wholesale mortgage lenders in managing broker relationships and compliance. Jimmy Gillespie, with expertise in private equity and management consulting, is appointed as CEO to drive growth and deepen customer relationships. This acquisition highlights the growing importance of technology in supporting counterparty risk management and operational efficiency for wholesale lenders facing regulatory scrutiny and market pressures.

Read the full article at HousingWire

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