San Diego Business Journal

Bexil American Mortgage Acquires Castle Mortgage Corp.

Friday, January 11, 2013

Bexil American Mortgage Inc., a San Diego-based mortgage lender, said it acquired Castle Mortgage Corp., a full-service mortgage lender based in Birmingham, Ala., operating throughout the Southeast for an undisclosed price.

Founded in October 2011, Bexil American and its wholesale channel, American Mortgage Network, have been expanding rapidly across the nation, and are now licensed in 17 states. Castle is licensed in nine states.

“Castle Mortgage adds significant depth and flexibility to our capabilities as we grow our company,” said John Robbins, CEO and President of Bexil American Mortgage.

--SDBJ Staff Report