WestStar Buys Mortgage Lender in Texas

WestStar Bank in El Paso, Texas, has acquired assets from Cimarron Mortgage Capital.

The $1.5 billion-asset WestStar said in a press release Friday that it bought assets tied to Cimarron's construction lending and residential mortgage divisions in El Paso, Texas.

Seven Cimarron employees joined WestStar, with most of them becoming a part of its WestStar Home Loans division.

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