By ALPHARETTA, GA-The successful seven-month negotiation period puts the buyer's Accent Mortgage operation into a stronger industry position. Short-term notes were also part of the transaction.
In a prepared statement, Accent officials said they plan to capitalize on United Capital's history of profitability and stable management Recent mortgage originations put United at an annual run rate in excess of $300 million.
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Other categories in the first quarter fluctuated based on quarter-over-quarter and year-over-year comparisons.
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The portfolio covers 709 homes and a total of 1.4 million square feet.
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The sector struggles to meet demand due to power constraints and supply chain delays.
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