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

“ 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.” 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. will operate as a separate division of FGMC, retaining the name

“First Guaranty’s acquisition of 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 cyber-footprint.”

“First Guaranty and make perfect sense together,” said Luedeman, CEO and founder of “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.”

May 10, 2016
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