News

Mill City Loans Established as Mortgage Conduit for Funds Managed by CarVal Investors

February 28, 2022

MINNEAPOLIS, Feb. 28, 2022 /PRNewswire/ — CarVal Investors, a global alternative investment manager, announced today that funds managed by CarVal have established Mill City Loans, a mortgage conduit with a focus on building lasting relationships with originator partners in the acquisition of residential mortgage assets across multiple strategies. Mill City Loans is strategically focused on liquidity, technology, relationships and experience to deliver high-quality service to clients. Mill City Loans will be led by an experienced executive team comprised of mortgage veterans Trey Jordan, Mike Petersen and Kent Usell. Jordan comes to Mill City from New York Mortgage Trust, Inc. where he…

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