The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

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Gateway Mortgage Group completes merger, becomes Gateway First Bank

Finalizes acquisition of Farmers Exchange Bank

Gateway Mortgage Group has completed its acquisition of Farmers Exchange Bank, with the two companies emerging under the name Gateway First Bank and creating one of the top 5 largest banks in Oklahoma.

Gateway First Bank has $1.2 billion in assets, five banking centers in Northwest Oklahoma, 160 mortgage centers with operations in 40 states and D.C., and more than 1,200 employees, the company said.

The deal, which included the purchase of more than 85% of Farmers Exchange Bank’s stock, was first announced in August and closed on Monday. Gateway said it raised $40 million in equity capital to fund the deal and support future growth of the new company.

“This acquisition and resulting transformation is a very important achievement for Gateway,” said Gateway CEO Stephen Curry. “By combining two successful Oklahoma companies to form Gateway First Bank, we have created a robust foundation for future growth. Over the next year we intend to deliver significant enhancements to the customer experience and new products, while maintaining the superior service, great culture and nationally recognized workplace we’re known for.”

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