Weyerhaeuser Mortgage Co., Woodland Hills, Calif., has acquired a regional mortgage lender.

The purchase of Southwest Colonial Mortgage Co., San Diego, will help the unit of Weyerhaeuser Co., a Tacoma, Wash.-based lumber and paper manufacturer, strengthen its business relationships with home builders. Southwest Colonial has six limited partnerships with home builders.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.