trending Market Intelligence /marketintelligence/en/news-insights/trending/k-xRuQnM_WzmtWp4WLOrOQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Synergy One Lending to acquire certain assets of BBMC Mortgage

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Synergy One Lending to acquire certain assets of BBMC Mortgage

San Diego-based Synergy One Lending Inc. agreed to acquire certain assets of Lombard, Ill.-based BBMC Mortgage LLC, a provider of home financing products and services including traditional mortgage products and reverse mortgages.

The terms of the deal were not disclosed.

As part of the deal, Synergy One hopes to transition most BBMC employees to the company.

The deal will expand Synergy One's footprint in the Midwest, according to CEO Terry Connealy.

BBMC Mortgage is a unit of Bridgeview Bancorp Inc. Synergy One is a unit of Mutual of Omaha Bank.