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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt talks AmCap acquisition, future targets

Housing Wire

JANUARY 10, 2024

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loan officers while CCM had over 4,000.

Retail 370
Retail Mortgage Loan Officers Training 370
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Originators gear up for the purchase market

Housing Wire

DECEMBER 31, 2021

Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S. One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers. The second-lowest LO turnover rate was in 2003, at 31%.

Marketing 423
Marketing Law Government Mortgage 423
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