Consolidation within the mortgage industry continues to be a growing trend. The increasing costs and complexities of running a mortgage company these day are challenging enough but when you add shrinking loan volumes, business owners see strength in getting bigger. An increasing number of companies are looking to merger with another company or be acquired. If a company is strong enough, they may become the acquirer. In the middle of all this mergers and acquisition (M&A) activity, there are a few quiet and unassuming group of mortgage industry consultants that specialize in advising executives on M&A. We had as our guest, Chuck Klein, who is a 40-year mortgage veteran who has specialized in mergers and acquisitions for the past 20-years. Don't miss this broadcast to find out the latest in the M&A trends within our industry.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
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