
Fathom Holdings Subsidiary Acquires Cornerstone First Financial

The mortgage industry is still in the midst of consolidating as acquisitions and mergers continue to take place.
- Cornerstone First Financial provided a full range of residential lending solutions, offering mortgages for home purchase, debt consolidation and refinancing, as well as home loans for veterans and first-time home buyers.
- Cornerstone First Financial operates in key markets within California, Colorado, Florida, Georgia, Maryland, Pennsylvania, Virginia, and Washington, D.C.
The mortgage industry is still in the midst of consolidating as acquisitions and mergers continue to take place. Recently, Fathom Holdings Inc. announced that its subsidiary, Encompass Lending Group, acquired residential mortgage lender Cornerstone First Financial.
Cornerstone First Financial provided a full range of residential lending solutions, offering mortgages for home purchase, debt consolidation and refinancing, as well as home loans for veterans and first-time home buyers. The company operates in key markets within California, Colorado, Florida, Georgia, Maryland, Pennsylvania, Virginia, and Washington, D.C.
"I'm excited to welcome Cornerstone to our Fathom family. Mark Livingstone and his team bring a unique expertise to Encompass Lending, and once implemented across many of our markets, could significantly bring more mortgage business to our loan officers," said Josh Harley, founder and CEO of Fathom Holdings. "I look forward to fulfilling new lead generation strategies that benefit each of our mortgage, real estate, title and insurance businesses, and as we integrate mortgage lending deeper into our technology platform, we believe we can take this opportunity to an even greater level. When we acquired Encompass Lending in April 2021, I stated that I believed the acquisition could help us attract additional successful mortgage teams and smaller lending operations to our company. I am pleased to prove that statement true through this acquisition of Cornerstone First Financial."
Formerly a popular radio and podcast personality, Mark Livingstone founded Cornerstone First Financial in 2001 based on ethics-driven principles and ongoing mission to provide value and service to clients.
"We founded Cornerstone with a strong desire to help improve the lives of others through home ownership," said Livingstone. "For more than 20 years, our company has been guided by deep-rooted ethical values, trust, and an unwavering work ethic. Our seamless transition to Encompass Lending demonstrates the shared servant-leadership ideals that form the basis of Fathom's wonderful culture."
"We are thrilled to add Cornerstone First Financial to the Encompass Lending family," said Sean Varin, president of Encompass Lending Group. "The acquisition enhances our lending platform and adds to our already growing footprint. We are excited to expand the Cornerstone First Financial model beyond being 'the voice' of mortgage lending in Washington, D.C. to being the voice of mortgage lending in the United States."