Synergy One Lending Acquires BBMC Mortgage – NMP
Industry News

Synergy One Lending Acquires BBMC Mortgage

Nov 01, 2018
Synergy One Lending, a San Diego-based subsidiary of Mutual of Omaha Bank, has acquired BBMC Mortgage, a national mortgage company based in Lombard, Ill.

Synergy One Lending, a San Diego-based subsidiary of Mutual of Omaha Bank, has acquired BBMC Mortgage, a national mortgage company based in Lombard, Ill.
 
BBMC is a division of Bridgeview Bank and offers a range of products including traditional and reverse mortgages through a network of loan officers and direct sales channels. In addition to acquiring select assets and leases, Synergy One expects to transition most BBMC employees to the company. The terms of the transaction were not disclosed.
 
“BBMC has built an impressive team and we are a strong cultural fit, with both firms committed to a relentless drive towards an exceptional customer experience through the combination of talent, technology, and digital marketing expertise,” said Synergy One CEO Terry Connealy.
 
“Synergy One and Mutual of Omaha Bank put their customers first, which aligns closely with BBMC’s culture and commitment to honesty, fair dealing and superior customer service,” added Jeff Gennarelli, President of BBMC Mortgage. “I’m confident this will be an excellent fit for our mortgage customers and employees.”
 
About the author
Phil Hall
Link copied
Published
Nov 01, 2018
Get the NMP Daily
Opinion
How To End A Realtor Relationship Professionally

When communication breaks down, expectations don't align, or respect disappears, LOs may need to move on — without burning bridges

Loan originators talk all the time about winning the trust of Realtors. How to prospect them, how to add value, how to earn referrals. But there is another conversation we do not have enough of.Sometimes, as a loan originator, you need to fire a real estate agent. Not becau...

Continue reading
Courts
OneTrust Sues EMC, UWM, Former Employees Over Alleged Loan Diversion Scheme

The complaint alleges former employees secretly funneled borrower information and loan opportunities to EMC and UWM

OneTrust Home Loans is suing E Mortgage Capital (EMC), United Wholesale Mortgage (UWM) and 31 former employees of its former Arizona division, alleging a coordinated effort to poach staff, steal trade secrets, and divert more than $31 million in loan volume.The lawsuit, file...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Industry News
Jun 12, 2026
Trump Names FHFA Director Bill Pulte Acting Director Of National Intelligence

FHFA director will continue overseeing Fannie Mae and Freddie Mac while serving as acting director of national intelligence

Industry News
Jun 02, 2026
Realtor.com Launches AI Home Search Platform Built With Google

New RealAssist tool combines AI, affordability guidance and Google Maps data to engage buyers before they reach lenders

Industry News
Jun 02, 2026
Another MLS Challenges Zillow In Fight Over Listing Visibility

Realtracs joins MRED in pushing back on Zillow's listing policies, a battle with potential implications for the broader homebuying and mortgage ecosystem

Industry News
May 29, 2026
Gas Prices Are Quietly Reshaping Homebuyer Affordability

Rocket Money data suggests rising fuel costs are adding pressure to already payment-sensitive buyers as mortgage rates remain elevated

Industry News
May 28, 2026
MISMO Targets Costly TRID Fee Cures With New Mortgage Fee Standardization Framework

MBA’s standards organization says inconsistent fee naming still drives costly redisclosures and rework, with fee-related cures affecting more than 30% of mortgage loans

Industry News
May 27, 2026