A&D Mortgage, LLC announced on April 1, 2025, the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. This business segment had been previously acquired by Mr. Cooper in November 2024 as part of a separate transaction. The divestiture allows Mr. Cooper to refine its operational focus.
This strategic transaction significantly expands A&D Mortgage's presence in the Agency and Government lending sectors, while also strengthening its leadership in Non-QM. The acquisition includes an expanded network of broker partners and a team of experienced mortgage professionals. The combined businesses funded over $10 billion in originations in 2024.
A&D Mortgage CEO Max Slyusarchuk stated that the acquisition positions them to deliver a broader range of loan solutions and industry-leading technology. The team members from Mr. Cooper's wholesale and non-delegated correspondent segment have officially joined A&D Mortgage, with integration efforts underway to ensure uninterrupted service.
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