UHM, an Ohio-based independent mortgage bank, has acquired NRL, which previously reported $1 billion in volume. This acquisition follows UHM's earlier purchase of Amerifirst Home Mortgage and signifies its aggressive growth strategy in the mortgage industry. NRL's CEO emphasized the shared values between the two companies regarding customer service and teamwork. Additionally, this merger comes amidst a broader trend in the mortgage industry, as M&A experts predict similar acquisition activities in 2025, though they anticipate different deal structures compared to 2024.
Joining forces with UHM feels right, because we know they care as much as we do about working as a team for the betterment of our borrowers.
M&A experts expect a similar number of deals in 2025 as were struck in 2024, but with different shapes.
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