Skip to main content

First Guaranty Mortgage Announces the Acquisition of goodmortgage.com

NationalMortgageProfessional.com
May 10, 2016
First Guaranty Mortgage Corporation (FGMC) has announced that mortgage industry sales veteran Angelo Zakis has joined the company as regional sales manager for the company’s Northeast Correspondent Division

First Guaranty Mortgage Corporation (FGMC) has acquired the assets of goodmortgage.com, an Internet-based mortgage lender headquartered in Charlotte, N.C. Founded in 1999, goodmortgage.com provides residential mortgage lending in 18 states and the District of Columbia. goodmortgage.com provides consumer-direct personalized mortgage services, while simultaneously delivering to the consumer a fast, efficient, and helpful mortgage experience. goodmortgage.com is designed to be faster, less cumbersome and considerably less stressful than typical, offline loan services. By utilizing the Internet and advanced technology processes, goodmortgage.com enables consumers to obtain purchase and refinance loans from the convenience of their own homes.

“goodmortgage.com is one of the leading consumer-direct lenders in the country and an excellent fit with our strategic initiatives,” said Andrew Peters, chief executive officer of First Guaranty Mortgage. “This acquisition is yet another positive step in FGMC’s continued growth and we are confident our clients and partners will benefit substantially as a result.”

goodmortgage.com is one of the early pioneers in the build out and development of the "online" mortgage-lending platform. The Charlotte-based headquarters provides a 45,000-square foot campus that supports a healthy “Live-Work-Play” environment where motivation meets enthusiasm. This team-building atmosphere breeds productivity, efficiency and overall employment satisfaction. goodmortgage.com will operate as a separate division of FGMC, retaining the name goodmortgage.com.

“First Guaranty’s acquisition of goodmortgage.com is in itself an extraordinarily ‘goodmortgage’ business decision,” said Ken Jones, executive vice president of Consumer and Warehouse Lending. “Keith Luedeman and his talented team have successfully built a platform that meets the demands of today’s ever-changing consumer. Our goal is to continue the growth of their retail lending success while tactically expanding the goodmortgage.com cyber-footprint.”

“First Guaranty and goodmortgage.com make perfect sense together,” said Luedeman, CEO and founder of goodmortgage.com. “Both brands share the same emphasis on steady growth, elite service, strong strategic decision-making and efficient, tech-enabled operations. Together, we expect to see only continued growth and success.”

Published
May 10, 2016
More from
Tech
Flagstar Bank's Christy Soukhamneut To Appear On The Mortgage Leadership Outlook

The next installment in the Mortgage Leadership Outlook's Tech Stack Heroes collaboration with BeSmartee is set to feature Christy Soukhamneut, chief of staff/director of mortgage strategic initiatives for Flagstar Bank.

Tech
Aug 02, 2021
First Tech Federal Credit Union Chooses ICE Mortgage Technology’s EPPS

First Tech Federal Credit Union has chosen ICE Mortgage Technology’s EPPS to improve automation, compliance, and scalability to meet the demands of over 720,000 members. 

Tech
Jul 29, 2021
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Tech
Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Tech
Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Tech
Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Tech
Jul 20, 2021