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National Mortgage News: 50 Mortgage Industry Mergers and Acquisitions Likely This Year

Mortgage players mired in a depressed market can produce a 30-50 basis point swing in operating profits with a shrewd merger or acquisition, a STRATMOR Group study suggests. Nearly 50 industry mergers and acquisitions are expected to close by the end of the year, soaring past the previous record of 33 in 2018, according to Stratmor’s October InFocus report. A transaction between companies with well-aligned cultures and models could produce a significant swing in fortunes, the consultancy said.

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