In The NewsMerger

STRATMOR Group And Teraverde Merge

STRATMOR Group, a mortgage advisory firm, has merged with Teraverde, an award-winning mortgage advisory and technology solutions provider. Both firms will operate under the STRATMOR brand in the near future.

The new firm combines each company’s respective programs, technology, and subject-matter expertise to deliver superior advisory solutions to now serve the entire mortgage banking spectrum. The combined services and product offerings will enable them to guide lender and vendor clients alike to make smart strategic decisions that drive efficiency and profitability.

“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,” said 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.” 

Springer added: “The merger of our two firms enables us to expand the markets we serve, the depth of services we can provide, and gives us the technology to highlight opportunities for our clients to help them quickly and impactfully capitalize on new ideas and innovations.”