Press Releases
Merchants Bank Grows Jumbo Correspondent Lending Volume Over 200% with Blue Sage
Automation, standardized workflows, and operational visibility help support scalable correspondent lending growth.
Englewood Cliffs, NJ – August 27, 2026 — Blue Sage Solutions, the mortgage industry’s premier provider of end-to-end, cloud-based digital lending technology, today announced that Merchants Bank has significantly expanded its jumbo correspondent lending program following implementation of the Blue Sage Digital Lending Platform.
Since implementing the Digital Lending Platform and TPO Portal across its Jumbo Correspondent program in mid-2025, correspondent volume has grown more than 200%. Over the past year, Merchants Bank has leveraged Blue Sage’s system-driven workflow routing and centralized loan information to reduce manual effort while maintaining data integrity, process consistency, and visibility throughout the loan purchasing lifecycle.
“Our jumbo correspondent business has grown significantly over the past year, and Blue Sage has given us a platform that scales with that growth,” said Jerry Koors, president of Merchants Mortgage, a division of Merchants Bank. “Automation, standardized workflows, and greater operational visibility have allowed our existing team to manage substantially higher loan volume without a corresponding increase in staffing.”
“Merchants Bank’s results are a strong example of what our platform is built to deliver,” said Carmine Cacciavillani, CEO and founder of Blue Sage Solutions. “Correspondent lending requires precision, consistency, and scalability, and Merchants Bank has used our technology to grow volume significantly while maintaining the operational discipline and service quality their correspondent clients expect.
As Merchants Bank continues to expand its correspondent lending business, the Blue Sage Digital Lending Platform provides a scalable foundation to support additional correspondent relationships, new products, and continued operational growth without sacrificing efficiency or service quality.
About Merchants Bank
Merchants Bank is a high-performing financial institution focused on delivering innovative banking and lending solutions across multiple segments, including retail and correspondent residential mortgage banking, multifamily financing, business and agricultural lending, mortgage warehouse financing, and traditional banking services. Headquartered in Indiana, Merchants Bank serves customers nationwide through its banking centers, regional production offices, and digital banking platform. Driven by a culture of execution, teamwork, and service, the company is committed to building long-term relationships and delivering meaningful value to the communities it serves. Additional information can be found at www.bankmerchants.com. Member FDIC | Equal Housing Lender
About Blue Sage Solutions
Blue Sage is a leading provider of innovative, cloud-based digital mortgage technology for the mortgage industry. The company’s Digital Lending Platform provides end-to-end functionality for the entire lending and fulfillment process, regardless of channel, while delivering a superior experience for every borrower. The Blue Sage Digital Servicing Platform enables financial institutions to modernize their servicing operations, reduce costs, and ultimately attract and retain more borrowers. All Blue Sage technologies are 100% browser-based, equipped with mobile applications, and delivered through a secure, fully-managed cloud service. Blue Sage Solutions is headquartered in Englewood Cliffs, New Jersey. For more information, visit www.bluesageusa.com.
Blue Sage Press Contact
Amanda Gonzalez
Campbell Lewis Communications
M: 201.887.1683
