Union Home Mortgage Strengthens Its Position
Union Home Mortgage (UHM), a dynamic player in the mortgage banking industry, has recently made a significant move by acquiring Nations Reliable Lending, known as NRL Mortgage. This acquisition is poised to enhance UHM's presence across the nation.
Enhancing Business Reach
This strategic acquisition stands to boost UHM's operational size and influence, especially within the mortgage lending landscape. UHM has built a strong reputation, which is now set to grow even further with the addition of NRL's capabilities.
Welcoming New Team Members
Bill Cosgrove, CEO of Union Home Mortgage, expressed enthusiasm about welcoming the talented team from NRL. He emphasized the values that UHM stands for, including the importance of keeping promises not only to customers but also to employee partners, further enriching the workplace culture in the mortgage industry.
Significant Lending Growth
NRL Mortgage's lending volume reached an impressive $1.091 billion recently, contributing to UHM's strong financial performance, which saw $7.6 billion in lending last year. This growth illustrates the combined strength that both companies bring to the table.
Shared Values and Commitment
Both Union Home Mortgage and Nations Reliable Lending prioritize a strong company culture. Their shared commitment to values such as communication, accountability, and empowerment reflects their dedication to both customers and employees. While NRL has been recognized as a Top Workplace by local publications, UHM's consistent accolades further emphasize the positive environments cultivated within their organizations.
About Union Home Mortgage
Union Home Mortgage Corp. operates as a full-service independent mortgage banking company, providing retail and wholesale services. With a solid foundation across 48 states and Washington D.C., UHM is dedicated to delivering exceptional customer service through advanced communication and technology. As a family-owned business, the collaborative culture sets UHM apart, with a Code of Conduct fostering respect and accountability among its partners, leading to impressive customer retention rates.
Frequently Asked Questions
What is the significance of the Union Home Mortgage acquisition?
The acquisition of Nations Reliable Lending allows Union Home Mortgage to expand its reach and resources in the mortgage market, enhancing service delivery.
Who is the CEO of Union Home Mortgage?
Bill Cosgrove currently serves as the CEO of Union Home Mortgage, leading the company's mission and operations.
How did Nations Reliable Lending perform financially?
NRL Mortgage achieved a substantial lending volume of $1.091 billion, contributing significantly to the combined financial strength with UHM's $7.6 billion.
What values do both companies share?
Both organizations prioritize communication, accountability, and empowering their employees and customers, fostering a strong workplace culture.
What is the operational reach of Union Home Mortgage?
Union Home Mortgage operates across 48 states and Washington D.C., providing a wide range of mortgage services to clients nationwide.
