A&D Acquiring Mr. Cooper’s Wholesale, Non-Delegated Correspondent Arms

Florida-based lender A&D Mortgage is acquiring Mr. Cooper Group’s wholesale and non-delegated correspondent arms.
The move bumps A&D’s broken network up to 8,500 partners, as well as access to Mr. Cooper’s suite of benefits.
Those benefits include a portfolio of more than twenty mortgage programs, including Agency, Government, Jumbo, and Non-QM, plus industry-leading turnaround times, partner support, and Mr. Cooper’s proprietary origination technology.
“We took a very careful and measured approach to finding a potential partner to grow our QM business. A&D’s goal is to be an industry leader, and this transaction is a big step forward,” said Max Slyusarchuk, CEO of A&D Mortgage.
The combined entities funded over $10 billion in originations in 2024.
Mr. Cooper’s wholesale and non-delegated team members will be “offered the opportunity to join A&D Mortgage when the transaction is complete,” according to a press release. It is expected to close by March 31, 2025.
The terms of the deal were not disclosed.
“It took almost three years of screening candidates and finally we found what we were looking for,” Lana Izgarsheva, Chief Operating Officer of A&D Mortgage, noted.
“The deep expertise in the mortgage business, the high-tech culture, and most importantly, the core values of the team — these are things we are similar in. I think this is a great match!”
A&D Mortgage is a direct lender offering conventional, government, and non-QM loans.
Last year, Scotsman Guide named it the #1 Non-QM lender and it received a Gold award in the Achievement in Artificial Intelligence category at the 2024 Globee Awards for American Business.