AmeriSave Mortgage Announces Purchase of Mortgage Division From CertusBank

AmeriSave Mortgage Corporation has completed its lift-out of mortgage operations from CertusBank. This agreement includes the purchase of certain assets and operations in North Carolina, South Carolina and Georgia. The move will allow AmeriSave to expand its footprint into traditional retail lending.

“When we announced this deal in September, we knew we had a good fit,” said Ed Abufaris, president of AmeriSave. “Now that we have started integrating CertusBank’s mortgage operations with ours, we realize our combined business model is even better than we originally expected.”

AmeriSave has also announced the hiring of Gary Suess as executive vice president of sales.

“I am excited to join the AmeriSave team and to help lead the diversification of its origination channels, while building on a rich history of success,” said Suess, formerly executive vice president and head of mortgage banking at CertusBank. “We see this as a great combination of team members and business relationships. The CertusBank mortgage group provides a traditional retail channel to complement AmeriSave’s leading consumer direct and third party origination channels.”