After being largely absent from the market for four years, Pacific Mercantile Bancorp of Costa Mesa, Calif., said it is getting back into the business of originating mortgages for sale in the secondary market, both in the wholesale and retail channels.

In 2005 the company quit the wholesale channel, where its strategy was to sell loans to investors in the secondary market. It kept a small retail operation for its customers, but only as a portfolio lender.

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