US EditionBlue Ridge Bankshares is selling its mortgage banking division
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Blue Ridge Bankshares is selling its mortgage banking division
Blue Ridge Bankshares Inc., the holding company for Blue Ridge Bank and BRB Financial Group Inc., on Thursday announced that Blue Ridge Bank has entered into a definitive asset purchase and sale agreement to sell certain assets of its mortgage division. A press release from Blue Ridge confirmed that the division, currently operating as Monarch Mortgage, is being sold to an unrelated third-party mortgage company. Monarch Mortgage provides mortgag…
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