Interactive Mortgage Advisors is overseeing the sale of a Northeast mortgage banker that has retail/wholesale originations and a $1 billion mortgage-servicing rights portfolio with Fannie Mae, Freddie Mac and Ginnie Mae approvals in good standing.
In addition, the mortgage company was founded in the 1950s with strong financials and solid reputation.
Features of the company include that it is licensed in 19 states, primarily east coast, and is 60% Fannie and 40% Ginnie loans.