AnnieMac’s OVM Division Acquires Florida Funding
AnnieMac Home Mortgage, a nationwide mortgage lender, announced its acquisition of Florida Funding, a well-established Florida mortgage provider that has funded more than $600 million in loans to date. The move strengthens AnnieMac’s presence in the state and enhances its ability to serve homebuyers and real estate partners across key markets.
“We couldn’t be more excited to partner with the ownership at Florida Funding to continue supporting their existing partnerships with Robert Slack Real Estate and their other valued partners and customers,” said Matt Beckwith, EVP OVM Division “This acquisition is not only about honoring their strong legacy but also about creating new opportunities to grow and expand.”
As part of the acquisition, several members of the Florida Funding team will transition to AnnieMac’s OVM Financial Division, led by Matt Beckwith, Executive Vice President at OVM. This integration ensures continuity of service for Florida Funding’s clients and partners, including its long-standing relationship with Robert Slack Real Estate Brokerage.
“This acquisition is a testament to AnnieMac’s commitment to growth through strategic partnerships. By partnering with Florida Funding, we will be able to expand our operations and offerings to various borrowers in the Florida market,” said CEO Joseph Panebianco.
With this move, AnnieMac strengthens its position as a leading force in the mortgage industry, poised to serve more families with efficiency, expertise, and care.
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