CROSS COUNTRY CAPITAL INC.

What CROSS COUNTRY CAPITAL INC. does

CrossCountry Capital (CCC) is a privately held asset management and services firm focused on the residential housing sector, founded in 2022 as the asset management arm of CrossCountry Mortgage (CCM). CCC sources mortgage-related investments across the residential housing ecosystem, co-invests alongside strategic partners in those assets, and provides securitization and loan management support to those partners. The firm is a wholly-owned subsidiary of CrossCountry HoldCo, LLC, the parent of CCM — the nation's largest distributed retail mortgage lender, which operates approximately 960 retail branches across all 50 states with a scaled servicing portfolio.

CCC operates a single unified platform anchored by the CROSS shelf RMBS securitization program, which has grown to a top-3 non-agency securitization program with over $7 billion in loans under management and participation from more than 50 unique institutional investors. Three recent 2026 transactions — CROSS 2026-NQM4 ($519.8M), CROSS 2026-NQM7 ($500.3M), and CROSS 2026-NQM8 ($585.8M) — demonstrate active issuance, with non-prime concentration ranging from 72.6% to 78.3% across the collateral pools. Transaction execution relies on third-party infrastructure including KBRA's Residential Asset Loss Model (REALM) for loan-level analysis, third-party due diligence review for independent verification of pool characteristics, and cash flow modeling of tranche-level payment structures.

The business model combines asset management fees on the managed loan portfolio, fee revenue from structuring and sponsoring RMBS transactions under the CROSS shelf, and co-investment returns generated alongside strategic capital partners including Ares Alternative Credit and Hildene Capital Management. Distribution is institutional-only and B2B, executed through enterprise field sales relationships and co-sponsorship arrangements rather than retail or consumer channels. Following the January 2026 platform expansion, CCC has broadened its mandate beyond non-QM into residential transition loans, construction and vertical builder finance, multi-family lending, and HELOC and second-lien strategies, while operating with a capital-light sub-10-employee structure.

Name

CROSS COUNTRY CAPITAL INC.

Legal name

CrossCountry Capital, LLC

Website

https://cccap.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

CrossCountry Capital is a 2022-founded asset management firm focused on residential mortgage credit, managing $7 billion+ in loans through a top-3 non-agency RMBS securitization program (CROSS shelf) serving 50+ institutional investors, operating as the asset management arm of CrossCountry Mortgage.

Ownership category

akta.pro rank

Product category

Non-Agency Mortgage Asset Management & Securitization

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Asset-Backed Securities (6189)

akta.pro primary industry

Private Credit / Direct Lending (FSAAAHAG)

akta.pro secondary industries

Senior Secured Direct Lending (FSANADAA), Loan Due Diligence, Collateral Review & Reps/Warrants Management (FSALAFAL)

Keywords

• Non-agency RMBS
• Mortgage asset management
• Securitization services
• Non-QM lending
• Residential mortgage credit

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: CCC earns asset management fees from managing a large-scale non-agency asset management platform with over $7 billion in loans under management, serving institutional investors.
2. Securitization and Loan Management Support: CCC provides securitization and loan management support to strategic partners, generating fee revenue from structuring, sponsoring, and managing RMBS transactions under the CROSS shelf.
3. Co-Investment Returns: CCC co-invests in assets it sources alongside strategic partners including Ares Alternative Credit and Hildene Capital Management, generating returns on invested capital.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

CrossCountry Capital is an asset management and services firm focused on the residential housing sector. It sources mortgage-related investments throughout the broader residential housing ecosystem, co-invests in assets it sources, and provides securitization and loan management support to strategic partners. Its operations are anchored by the CROSS shelf securitization program, a top-3 non-agency RMBS platform serving over 50 unique institutional investors with more than $7 billion in loans under management.

Product overview

CrossCountry Capital is an asset management and services firm operating as a single unified platform focused on the residential housing sector. The platform encompasses a large-scale non-agency asset management operation with over $7 billion in loans under management and a top-3 non-agency securitization program under the 'CROSS' shelf. The core offering includes mortgage-related investment sourcing, co-investing in assets, and providing securitization and loan management support to strategic partners. The product portfolio includes non-QM investment platforms, residential transition loans, construction and vertical builder finance, multi-family lending, and HELOC/second-lien strategies. Individual CROSS shelf mortgage trust products (CROSS 2026-NQM4, CROSS 2026-NQM7, CROSS 2026-NQM8) are issued as specific RMBS transactions under this unified securitization program.

Differentiator

Problem solved

Functional benefit

Products and services

• CrossCountry Capital Asset Management Platform
• CROSS Shelf Securitization Program
• Residential Transition Loans
• Construction and Vertical Builder Finance
• Multi-Family Lending
• HELOC and Second-Lien Strategies
• CROSS 2026-NQM4 Mortgage Trust
• CROSS 2026-NQM7 Mortgage Trust
• CROSS 2026-NQM8 Mortgage Trust

Quantifiable outcome

• Non-prime concentration of 72.6%–78.3% in collateral pools across CROSS shelf transactions
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• KBRA (Kroll Bond Rating Agency)minorOthers · 29 June 2026KBRA assigned preliminary ratings to ten classes of mortgage pass-through certificates from the CROSS 2026-NQM8 Mortgage Trust. KBRA performs loan-level analysis through its Residential Asset Loss Model (REALM), third-party due diligence review, and cash flow modeling for CROSS shelf transactions.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Newrez (Caliber Home Loans): Newrez is a major non-QM and specialty mortgage originator that issues RMBS through its own shelf. Its vertically integrated origination-to-securitization model and credit partner relationships mirror CCC's positioning in the non-agency market.
• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM and alternative mortgage originator and RMBS sponsor with a similar product mix (non-QM, residential transition, HELOC) and a comparable institutional securitization shelf, making it a near-direct competitor to CCC.
• Verus Mortgage Capital: Verus Mortgage Capital is a direct non-QM RMBS issuer and asset manager that sponsors its own private-label securitization shelf. It competes head-to-head with CCC in non-agency whole-loan sourcing, securitization structuring, and institutional capital raising.
• Pretium (Deephaven Mortgage): Pretium's mortgage subsidiary operates a non-QM and bridge/fix-and-flip origination and securitization franchise, comparable to CCC's non-prime and residential transition loan focus, with a similar institutional investor base for ABS paper.
• Hildene Capital Management: Hildene is named as a co-sponsor on multiple CROSS shelf trusts (NQM4, NQM8) and a core strategic partner of CCC. As a structured credit manager with deep non-agency RMBS exposure, it is both a partner and a comparable alternative-credit platform.

Broad incumbents

• Ellington Financial: Ellington Financial is a specialty finance company that invests in non-agency RMBS, mortgage servicing rights, and other residential credit assets. Its portfolio construction and credit focus are comparable to CCC's AUM strategy.
• Ares Management (Alternative Credit): Ares Alternative Credit is identified as a key capital partner in CCC's expansion. While part of a much larger alternatives platform, its direct-lending and credit funds overlap with CCC's private credit and RMBS investment activities.
• loanDepot (ldi Mortgage): loanDepot has historically operated a non-agency jumbo and non-QM origination and securitization platform (ldi). As a large national retail mortgage lender, it is comparable in scale and vertical mix to the parent CrossCountry Mortgage, and competes for the same institutional non-agency investor demand.
• Two Harbors Investment Corp: Two Harbors is a residential mortgage REIT with active RMBS and credit risk transfer exposure. Its strategy of acquiring and securitizing residential credit overlaps broadly with CCC's investment and securitization thesis.
• Redwood Trust: Redwood Trust is an established specialty mortgage REIT that originates, securitizes, and invests in non-QM and other residential mortgage assets. It competes for institutional capital in the same non-agency RMBS universe as CCC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/crosscountry-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CROSS COUNTRY CAPITAL INC.