The mortgage advisory firms Stratmor Group and Teraverde have announced a merger.
According to the companies, both firms will operate under the Stratmor brand and will combine their respective programs, technology, and subject-matter expertise.
“The mortgage industry is experiencing one of the toughest markets in its history. It is imperative that we all make informed business decisions to navigate this challenging cycle,” said Stratmor CEO and Senior Partner Lisa Springer. “Similar to the mortgage lenders and vendors that serve our industry, Stratmor decided to refresh our programs and services so we can continue to provide best-in-class experiences for our clients. Teraverde is the right company to enhance our ability to elevate our offerings and add even greater value to our industry.”
“The Teraverde team is delighted to join Stratmor,” added Teraverde CEO and Co-Founder Jim Deitch. “We each have a sincere desire to improve our industry and provide superior services to our clients. Our firms have compatible cultures and complementary service offerings backed by outstanding talent. This combination, coupled with the availability of Teraverde’s outstanding Coheus technology solutions, creates a powerhouse advisory firm.”