![]() ![]() ![]() A wholly owned subsidiary of Mutual of Omaha Bank, Synergy One Lending is an agency approved Seller/Servicer, licensed to conduct mortgage origination activities in 45 States. “It is unusual for market timing, talent and strategic direction to align in such a compelling manner and we’re excited by the possibilities that lie ahead.”Ībout Synergy One Lending, Inc. “The impact of combining these organizations is impressive,” Connealy said. The transaction significantly expands Synergy One’s footprint in the Midwest and brings complementary strengths to the company while building on common culture, technologies and talent, Connealy said. “I’m confident this will be an excellent fit for our mortgage customers and employees.” “Synergy One and Mutual of Omaha Bank put their customers first, which aligns closely with BBMC’s culture and commitment to honesty, fair dealing and superior customer service,” said Jeff Gennarelli, President of BBMC Mortgage. In South Dakota Senate, far-right lawmakers rankle GOP We are excited by the potential this transaction offers to expand and serve more customers in the traditional and reverse mortgage markets,” Connealy said. “BBMC has built an impressive team and we are a strong cultural fit – with both firms committed to a relentless drive towards an exceptional customer experience through the combination of talent, technology, and digital marketing expertise. The terms of the transaction were not disclosed. In addition to acquiring select assets and leases, Synergy One expects to transition most BBMC employees to the company, which is a wholly owned subsidiary of Mutual of Omaha Bank that also does business as Mutual of Omaha Mortgage. ![]() Learn more about Radian's financial strength and flexibility at visit see how Radian is shaping the future of mortgage and real estate services.SAN DIEGO-(BUSINESS WIRE)-Oct 31, 2018-Synergy One Lending has reached a definitive agreement to acquire certain assets of BBMC Mortgage, a national mortgage company based in Lombard, Ill., Synergy One CEO Terry Connealy announced.Ī division of Bridgeview Bank, BBMC offers a full suite of home financing products and services including traditional mortgage products and reverse mortgages through a wide network of loan officers, as well as direct sales channels. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. (NYSE: RDN) is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title and settlement services. For more information on Synergy One Lending, visit About Radian Synergy One Lending also does business as Mutual of Omaha Mortgage. The Firm is strategically built to support and grow both distributed retail and consumer direct channels, while operating under the brand Retirement Funding Solutions for its reverse mortgage lending activities. This in turn allows Radian customers to provide cost-effective service to borrowers refinancing their mortgages," said Brien McMahon, Radian's chief franchise officer.Ī wholly owned subsidiary of Mutual of Omaha Bank, Synergy One Lending is an agency approved Seller/Servicer, licensed to conduct mortgage origination activities in 48 states. "Radian's centralized title model is focused entirely on lenders and is more transparent and easier to navigate than a traditional refinance. "The centralized service Radian offers allows us to provide our customers with a simple and clear process that saves them money." "We're excited to work with Radian to improve the refinancing experience for our customers," said Steve Majerus, president of Synergy One Lending. 1, 2019 /PRNewswire/ - Synergy One Lending, a wholly owned subsidiary of Mutual of Omaha Bank, will utilize the Radian Group Inc.'s (NYSE: RDN) centralized title service to provide greater savings to customers who are refinancing their mortgages, the companies announced. ![]()
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