A&D Mortgage is set to expand its reach and capabilities by acquiring the wholesale and non-delegated correspondent mortgage operations of Mr. Cooper Group Inc., a transaction expected to close by March 31, 2025.
The deal combines A&D Mortgage’s two decades of non-QM expertise with Mr. Cooper’s 35 years of conventional lending experience. It will bring 250 professionals and more than 2,500 broker partners into A&D Mortgage’s network, which already includes over 8,500 brokers.
In 2024, the combined entities funded over $10 billion in mortgage originations.
“A&D’s goal is to be an industry leader, and this transaction is a big step forward,” said Max Slyusarchuk (pictured), CEO of A&D Mortgage.
The expanded portfolio now offers more than 20 mortgage programs, including agency, Government, jumbo, and non-QM loans, along with proprietary origination technologies designed to streamline processes.
According to A&D Mortgage chief operating officer Lana Izgarsheva, the alignment of values and expertise is a cornerstone of the deal.
“The deep expertise in the mortgage business, the high-tech culture, and most importantly, the core values of the team — these are things we are similar in. I think this is a great match,” she said.
Employees from Mr. Cooper’s wholesale and non-delegated divisions will have the opportunity to join A&D Mortgage as part of the transition. STRATMOR Group served as an advisor to A&D Mortgage during the deal.
A&D Mortgage offers a wide range of conventional, government, and Non-QM loan products. The company supports brokers with concierge services, marketing tools, and competitive turnaround times.
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