A&D Mortgage has completed its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc.
Mr. Cooper previously acquired the wholesale and non-delegated mortgage business as part of a separate transaction in November 2024.
The deal is completely separate from Rocket’s acquisition of Mr. Cooper announced on March 31.
The transaction, first announced in January, significantly expands A&D Mortgage’s presence in the agency and government lending sectors, while further strengthening its leadership in non-QM.
With the acquisition now finalized, A&D Mortgage welcomes an expanded network of broker partners and a highly experienced team of mortgage professionals.
“Today marks an exciting new chapter for A&D Mortgage,” says Max Slyusarchuk, CEO of A&D Mortgage, in a release. “With this acquisition complete, we are better positioned than ever to deliver a broader range of loan solutions, industry-leading technology, and our hallmark ‘YES’ approach to service.”
The combination of the two businesses represents a powerhouse in the wholesale mortgage space, with more than $10 billion in originations funded in 2024 and an expanded broker network of over 8,500 partners.
Through this integration, A&D Mortgage will offer brokers and partners a comprehensive suite of 20+ mortgage programs, including agency, government, jumbo, and non-QM.
“Bringing our teams together has opened new horizons,” says Lana Izgarsheva, chief operating officer of A&D Mortgage. “Our shared values, commitment to innovation, and customer-first mindset make this a natural fit. We’re excited about the opportunities ahead—for our partners, clients, and employees.”
The wholesale and non-delegated correspondent team members from Mr. Cooper have officially joined A&D Mortgage as part of the closing.
Integration efforts are well underway, with a focus on maintaining uninterrupted service and enhancing support for broker partners.
Photo: Edge2Edge Media