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Article: Market Street Expands in West with Purchase of Wyoming Lender.
- Article from:
- National Mortgage News
- Article date:
- June 13, 2005
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CLEARWATER, FL -- Market Street Mortgage here has agreed to acquire Major Mortgage, Cheyenne, Wyo., from Wyoming Employee Resource, Capital and Service. Terms of the deal were not disclosed.
Market Street, itself an affiliate of NetBank, Atlanta, will pick up 27 branches in Arizona, Colorado, Oklahoma, Nevada, Texas, Utah, Washington and Wyoming. These offices originated $690 million in 2004. In 2004, Market Street had volume of $2.5 billion.
The new branches give the company an opening in the western part of the country it really did not have before, said Randall C. Johnson, chief executive of Market Street. Until now, Market Street had two offices in ...