Absolute Home Mortgage Acquires Haus Mortgage

Jan 22, 2020

Absolute Home Mortgage Corp. has announced its acquisition of the origination platform of Haus Mortgage (HausM), a residential mortgage originator and digital marketing provider, headquartered in Chicago. The terms of the transaction were not made public.

According to the companies, the acquisition will enable the Fairfield, N.J.-based Absolute to expand into in the Chicago market. HausM is supported by the digital marketing firm ParadigmNEXT and exceeded its origination goals by 60 percent in 2019, with a forecast for 200 percent growth through its integration with the Absolute brand, the companies added.

"Absolute’s culture and technology are going to allow the HausM origination team to extend its preexisting footprint and rapid expansion in the Chicago market," said Anatoly Nirshberg, CEO of HausM.

"Now that we are expanding to Chicago, we believe the power of HausM and ParadigmNEXT, in conjunction with Absolute’s foundation, will rapidly expand our vision for technology-based retail mortgage originations," said Matthew VanFossen, CEO of Absolute Home Mortgage. "Over the next 12 months, our focus will be refining consumer education of available loan products and how each consumer engages with a mortgage application and brand."

About the author

Phil Hall

Link copied

Published

Jan 22, 2020

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...

Wholesale

The Loan Store Rebrands As Averra Financial

The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings

The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...

Nov

Houston, TX

More from

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Analysis and Data

Oct 02, 2026

Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Analysis and Data

Oct 01, 2026

Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Analysis and Data

Sep 29, 2026

Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Analysis and Data

Sep 25, 2026

Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Analysis and Data

Sep 25, 2026

Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Tech

Sep 23, 2026

Popular