New American Acquires Marketplace Home Mortgage

New American Acquires Marketplace Home Mortgage

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TUSTIN, Calif., Dec. 19, 2018 /PRNewswire/ — today announced its strategic acquisition of Edina, Minnesota-based . The established mortgage lender will further strengthen New American Funding’s.

 · New American Funding has acquired minnesota-based marketplace home Mortgage, the companies announced. Terms of the deal were not disclosed. New American said the acquisition will strengthen its market presence nationwide and specifically in the Minnesota area, as well as add more than $1 billion in mortgage production next year.

$2.5 million purchase closed Wednesday Detroit-based real estate connector service to launch new platform. to-end" home buying and selling experience Detroit-based In-House Realty, a sister company.

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New American Funding has acquired Marketplace Home Mortgage, a regional lender that does business in 15 states. "Becoming part of New american funding accelerates the growth plans we put into place several years ago," said Keith White, president of Marketplace Home Mortgage.

New American Funding acquires Marketplace Home Mortgage – · New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced tuesday that it acquired Marketplace Home Mortgage.

New American Funding has acquired Edina, Minn.-based Marketplace Home Mortgage. Marketplace Home does business in 14 other states and provides start-to-finish mortgage services to real estate.

New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced Tuesday that it acquired Marketplace Home Mortgage. Marketplace is based in Minnesota, has offices in Florida, Michigan, New Hampshire, South Dakota, and Wisconsin, and does business in 15 states.

New Fed Mortgage Corp. to acquire Commonwealth Mortgage LLC New American Funding acquires Marketplace Home Mortgage Middletown Valley Bank to acquire Millennium Financial Group (MLend) Bridgeview Bank Mortgage to cut 97 jobs Franklin First Financial shut down Gateway Mortgage Group closing eight retail mortgage branches in California, 25 layoffs

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