A&D Mortgage to acquire the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group.

A&D Mortgage, a direct mortgage lender, agreed to acquire the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group, a home loan servicer. Financial terms were not disclosed. “It took almost three years of screening candidates and finally we found what we were looking for. 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!" Lana Izgarsheva, A&D Mortgage Chief Operating Officer.