A&D Mortgage Acquires Wholesale and Non-Delegated Correspondent Mortgage Business from Mr. Cooper Group

Sagent Purchases Mr. Cooper IP to Create Cloud-Native Mortgage Servicing Platform

March 31, 2022

Cloud & SaaS

Sagent M&C (d/b/a Sagent Lending Technologies) purchased certain intellectual property rights related to Mr. Cooper's cloud-based mortgage servicing platform. As part of the agreement, Mr. Cooper received an equity stake in Sagent, appointed two directors to Sagent's board, and will be a multi-year customer as the parties build a cloud-native servicing platform.

Mr. Cooper Acquires Flagstar Bank's Mortgage Operations

November 1, 2024

Financial Services

Mr. Cooper Group Inc. has closed its previously announced acquisition of Flagstar Bank N.A.'s mortgage operations, acquiring MSRs, advances, subservicing contracts, and Flagstar's third-party origination platform for approximately $1.3 billion in cash. The deal expands Mr. Cooper's servicing and origination capabilities and transfers Flagstar's mortgage customers and team members to Mr. Cooper, with full operational integration expected in early 2025.

Bank7 Acquires First American Mortgage, Inc.

February 28, 2025

Financial Services

Bank7, a community bank headquartered in Oklahoma City, has acquired First American Mortgage, Inc., a locally owned residential mortgage lender founded in 1993. The acquisition expands Bank7's mortgage division and deepens its residential lending capabilities to better serve customers across its Oklahoma, Texas (Dallas/Fort Worth) and Kansas markets.

Trimont Acquires Wells Fargo's Non-Agency Commercial Mortgage Servicing Business

March 1, 2025

Financial Services

Trimont has completed the acquisition of Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business, a deal backed by Värde Partners. The transaction adds more than 19,000 loans, secured by 21,500 properties, and over 700 staff to Trimont’s platform, making Trimont the largest servicer of securitized commercial real estate loans in the United States with approximately $700 billion in loans under management.

Mutual of Omaha Mortgage Acquires Assets of Keller Mortgage

February 20, 2023

Financial Services

Mutual of Omaha Mortgage has acquired the assets of Keller Mortgage LLC (part of the Keller Williams family) and will operate Keller Mortgage alongside its existing forward and reverse mortgage divisions. Keller Mortgage will be a part of Mutual of Omaha Mortgage and will be co-owned by Mutual of Omaha Mortgage and Keller; terms were not disclosed.

Guild Mortgage Acquires Legacy Mortgage

February 7, 2023

Financial Services

Guild Mortgage (GHLD) has acquired Legacy Mortgage, an independent New Mexico-based residential lender founded in Albuquerque in 2002. The purchase — from owner Jack Thompson — expands Guild's Southwest footprint by adding Legacy's 13 branches across Arizona, Colorado, New Mexico and Texas; terms were not disclosed.