Items Tagged with 'acquisitions'

ARTICLES

  • Gateway Mortgage to acquire Oklahoma's Farmers Exchange Bank

    The acquisition will create one of the top five banks in Oklahoma
    With an eye on long-term growth posturing, Gateway Mortgage Group has entered into an agreement to acquire Oklahoma’s Farmers Exchange Bank. With the acquisition, Gateway anticipates the ability to expand the resulting bank’s suite of services and lower the costs of those services for consumers.
    Read More
  • Feature: Acquisitions in the Reverse Mortgage Sector

    In the past several months, two publicly traded companies have entered the reverse mortgage market. Walter Investment Management Corporation came onto the scene when it completed its purchase of RMS in November, and then, just two months later, solidified its long-term presence in the market by announcing its intent to acquire Security One Lending. Meanwhile, Ocwen Financial Corporation pursued an acquisition of Genworth Financial’s reverse mortgage division, announcing the deal’s completion just last month.This recent interest in the reverse mortgage market has left many in the industry to wonder what’s in store for the space, which has endured a tumultuous
    Read More