TITLE

AMERICAN HOME MORTGAGE TO ACQUIRE IRWIN BUSINESSES

PUB. DATE
April 2005
SOURCE
Mortgage Banking;Apr2005, Vol. 65 Issue 7, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the American Home Mortgage Corp. has signed a definitive agreement with Fishers, Indiana based Irwin Mortgage Corp. to acquire community mortgage loan production branches in Arizona, California, Colorado, Hawaii and Washington. In addition, American Home will acquire Irwin Mortgage's credit union affinity business, which markets mortgage loans through mortgage salespeople located on-site at approximately 50 credit unions. American Home expects total additional annual originations of between S500 million and $1 billion as a result of the acquisition.
ACCESSION #
16778078

 

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