Silverton Mortgage Specialists Acquired by Buffett Subsidiary – NMP Skip to main content

Silverton Mortgage Specialists Acquired by Buffett Subsidiary

Feb 27, 2018
The Lenders One Cooperative has issued the results of the second annual Lenders One Mortgage Barometer

Atlanta-based Silverton Mortgage Specialists Inc. has been acquired by Vanderbilt Mortgage and Finance Inc., a division of Warren Buffett’s Berkshire Hathaway family of companies.
 
The financial terms of the transaction were not disclosed. In a press statement, Silverton stated that it would be “retaining its name, leadership, employees and corporate identity following the transaction,” adding that expected to “expand its footprint and increase its access to capital to develop an expanded line of products and services for its clients.” Silverton, which was founded in 1988, has more than 170 employees in 12 states and the District of Columbia.
 
“While we were not actively looking to be acquired, we are grateful for this opportunity to expand our services, both in terms of geographic footprint and loan product offerings, while keeping our identity and the great people that have built our culture of unparalleled service to our customers and communities,” said Josh Moffitt, president and CEO of Silverton Mortgage. “This is a unique opportunity to keep what makes Silverton special, while also improving the service and lives of our customers and employees.”
 
The acquisition will not cover the Silverton Foundation, a nonprofit organization that provides mortgage and rent assistance for families with hospitalized and critically ill children. The foundation will continue to operate under the direction of Moffitt and its volunteer committee with support from loans closed by Silverton Mortgage.
About the author
Published
Feb 27, 2018
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026