Mortgage Advisory Company Stratmore Group merged into TraverdeThe companies, a mortgage advisory firm and technology solutions provider, said the deal would allow them to expand the markets they serve and the depth of services they offer. Terms of the deal were not disclosed.
Both companies will operate under the Stratmor brand, the companies said in a statement Friday. The larger entity combines each firm’s respective programs, technology and subject matter expertise to guide lender and provider clients “to make informed strategic decisions that increase efficiency and profitability.”
“The mortgage industry is experiencing one of the toughest markets in its history. We all must make smart business decisions to navigate this difficult time,” Lisa Springer, Stramor CEO and senior partner, said in a prepared statement. This challenging cycle.
“Similar to the mortgage lenders and providers that serve our industry, Stratmor has decided to refresh our programs and services so that we can continue to provide a best-in-class experience to our customers. Teraverde is a great addition to our capabilities, enhance our offerings and provide a The right company to add greater value to the industry.
Jim Deitch, CEO and Co-Founder of Teraverde house line The 2020 Tech 100 winners – said in a statement that each company has a genuine desire to improve the industry and provide quality service to customers.
“Our companies have compatible cultures and complementary service offerings, supported by outstanding talent. This combination, coupled with the availability of Teraverde’s outstanding Coheus technology solutions, creates a strong consulting firm.