Ray Mathoda, CEO of Anchor Loans, echoed the importance of funding new homes at a time when some lenders are pulling back.
“As the nation’s original business purpose lender, Anchor has longstanding ties with homebuilders and real estate developers across America,” Mathoda said. “Our industry relationships and expertise, together with Pretium’s investment capital and scale, provide a powerful platform to support the businesses and people who are on the front lines of expanding America’s housing supply.”
The move highlights a broader trend of non-bank lenders stepping in where regional banks once dominated. Pruzan spoke with Reuters to discuss why it was critical to back small homebuilders.
Eric Abramovich of Roc Capital, John Beacham of Toorak Capital Partners, and Glenn Tatham of Churchill Real Estate weighed in on Trump’s second term, citing rising tariffs, deportations, and uncertainty as growing headwinds for private lending. https://t.co/JgJ0yINA9J
— Mortgage Professional America Magazine (@MPAMagazineUS) July 10, 2025
“These smaller builders build half the homes every year in the United States and they’re critical to addressing this housing shortage that we have,” Pruzan said to Reuters. “And, that’s the client that we’re looking for, that we’re trying to finance. These are experienced, qualified borrowers that have been finding it much more challenging to find financing than they did two to four or five years ago, where they used to get financed by smaller or regional banks.”
Mullen launched Pretium in 2012 after leaving Goldman Sachs. The leadership team includes former Morgan Stanley Chief Operating Officer Jonathan Pruzan and ex-Goldman Sachs CFO Stephen Scherr, who currently serve as co-presidents.