Home Industries Banking & Finance Inlanta Mortgage winding down operations at its Pewaukee HQ

Inlanta Mortgage winding down operations at its Pewaukee HQ

Pewaukee-based mortgage lender Inlanta Mortgage is winding down operations at its headquarters at W239 N3490 Pewaukee Road, which will lead to the elimination of 62 jobs. In a Nov. 29 WARN notice, the company cited a “dramatic and unanticipated drop” in mortgage product demand as the reason behind the closure. Inlanta Mortgage’s assets will be

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Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
Pewaukee-based mortgage lender Inlanta Mortgage is winding down operations at its headquarters at W239 N3490 Pewaukee Road, which will lead to the elimination of 62 jobs. In a Nov. 29 WARN notice, the company cited a “dramatic and unanticipated drop” in mortgage product demand as the reason behind the closure. Inlanta Mortgage’s assets will be transitioned to a third-party purchaser, the notice states. Wind-down operations began Nov. 29 and are expected to be completed in early April 2023, the notice said. Inlanta Mortgage chief executive officer Paul Buege was not immediately available for comment Wednesday. He was named the company’s CEO in May. Founded in 1993, Inlanta Mortgage is one of the nation’s oldest independent mortgage lenders. It has 35 branch offices and a network of more than 200 mortgage experts licensed throughout 27 states.

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