Mortgage Master expands in Northeast

Mortgage Master, a national mortgage lender and division of loanDepot LLC, has opened its newest branch in Rockville, Md., a suburb of Washington, D.C. Jeremy Moreithi, branch manager, will lead a team of seasoned lending professionals in delivering exceptional customer service and flexible financing options from Mortgage Master, including home purchase, refinance, traditional, high balance [.]

In a deal that signals further consolidation in the mortgage banking space, national non-bank lender loanDepot has acquired regional non-bank lender Mortgage Master Inc., for an undisclosed sum. In a release, loanDepot says it plans to keep the Mortgage Master brand intact. In addition, Leif Thomsen.

North East mortgage firm expands into Sunderland A North East mortgage firm has opened a new office in Sunderland at the North East BIC as it looks to expand further in the area. First mortgage north east has moved to the north east business and Innovation Centre (BIC) on the Sunderland Enterprise Park.

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Mortgage Master Inc. has announced plans to continue to expand its production infrastructure in New York, New Jersey and Connecticut and now has 17 branch offices and nearly 150 loan originators in the important Tri-State market.

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The retail expansion, notably, highlights how Cecere is making his mark at U.S. Bancorp, after taking the helm last year. Nearly two years ago to the day, at the company’s September 2016 investor day, then-CEO Richard Davis said he had no plans to add branches or expand in states where it didn’t already have a top market share.

Mortgage Master opened a new office in Rye, N.Y. to cover the southern Westchester County communities and further expand its Northeast presence. The mortgage firm now has 27 retail branch offices.

Nation’s Second Largest Nonbank Consumer Lender loanDepot LLC To Acquire Mortgage Master Inc loanDepot, LLC Sets Stage to Empower Consumers Pursuing Access to Credit with More Lending Products.

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