MVB Financial to combine it’s Potamac Mortgage Group with Intercoastal Mortgage Company to create one of the largest independently owned regional mortgage lending operations.
“This transaction is more than just a win-win opportunity. MVB Mortgage and ICMC have been ownership partners of Lenderworks since 2013. We both saw record volume in 2019 and are experiencing record volume right now. We are highly compatible in our philosophies, our technologies and the management of our lending practices. In a market where scale is of the utmost importance, we feel this transaction positions us to achieve significant growth in the coming years.”
Ed Dean, MVB Mortgage CEO