CrossCountry Mortgage Acquires Summit Funding

San Francisco Federal Credit Union to Acquire Summit Bank Branches in East Bay, California

July 22, 2025

Financial Services

San Francisco Federal Credit Union (San Francisco & Oakland, Calif.) entered into a definitive agreement to purchase substantially all the assets and liabilities of Summit Bank in an all-cash transaction. The deal covers Summit Bank’s three East Bay branches in Oakland, Emeryville, and Walnut Creek, and is anticipated to close in the first quarter of 2026, subject to regulatory and shareholder approvals.

CrossMed Healthcare Staffing Acquires Summit Medical Staffing

September 18, 2025

Healthcare Services

CrossMed Healthcare Staffing, a women-owned staffing firm based in Omaha, Nebraska, has acquired Summit Medical Staffing, a veteran-owned healthcare staffing agency headquartered in Fremont, Nebraska. The acquisition expands CrossMed's clinician network and enhances its ability to serve healthcare facilities nationwide by integrating Summit's clinicians and leveraging CrossMed's technology and scale.

MAI Capital Management Acquires Summit Financial Advisors

September 12, 2025

Wealth Management

MAI Capital Management has acquired San Mateo-based Summit Financial Advisors, integrating Summit’s advisory team and approximately $570 million in client assets into MAI’s wealth management platform. The deal expands MAI’s presence and capabilities in California—adding Summit’s expertise serving Silicon Valley executives—while Summit’s lead advisor Rafael Velez joins MAI as Regional President and Senior Managing Director.

Next Level Education Acquires Summit Mortgage Training

May 15, 2025

Education

Next Level Education, an NMLS-approved provider of mortgage continuing education based in Franklin, Tennessee, has acquired Summit Mortgage Training of Hanover, New Jersey. Founder Andrea Gagliardi joins Next Level as Director of Content Management as the deal expands NLE's course offerings and East Coast reach for mortgage professionals.

Total Lender Solutions Acquires Mortgage Lender Services and Sunrise Assessment

January 30, 2024

Legal Services

Total Lender Solutions (TLS), a San Diego-based nonjudicial foreclosure processor, has acquired the assets of Sacramento-based Mortgage Lender Services and its sister company Sunrise Assessment. The deal expands TLS's geographic footprint in Northern California and Nevada, consolidates foreclosure and assessment processing capabilities, and follows Mortgage Lender Services President Marsha Townsend's planned retirement.

Dream Finders Homes (via Jet HomeLoans) Acquires Cherry Creek Mortgage

March 4, 2025

Financial Services

Dream Finders Homes, through its wholly owned subsidiary Jet HomeLoans, has completed the acquisition of Cherry Creek Mortgage, a Denver-based mortgage originator and servicer. The deal (closed March 4, 2025) expands Jet HomeLoans' servicing capabilities and strengthens Dream Finders' mortgage offering to support new-build construction lending and affordability for its homebuyers.