Max Slyusarchuk, CEO of A&D Mortgage, highlighted the significance of the deal, noting, 'We took a very careful and measured approach to finding a potential partner to grow our QM business. This transaction is a big step forward in our goal of becoming an industry leader.' This underscores A&D's strategic focus on expanding its offerings and partnerships in the competitive mortgage market.
Lana Izgarsheva, COO of A&D Mortgage, emphasized the thorough selection process by stating, 'It took almost three years of screening candidates, and finally we found what we were looking for.' This comment reflects the intentionality behind the acquisition and A&D's desire to strengthen its operations with well-positioned partners.
Regarding the acquisition's impact, A&D noted that the newly acquired channels would enhance their broker network to over 8,500 partners. Additionally, A&D offers more than 20 lending programs and a proprietary origination system to expedite funding, showcasing their commitment to providing extensive options and improving efficiency for brokers.
The acquisition is notable due to the significant volume of business involved, as the entities being acquired funded over $10 billion in 2024. This highlights A&D Mortgage's strategic move to bolster their market presence and capitalize on growth opportunities through this expansion.
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