Mutual of Omaha Mortgage announced the acquisition of the assets of Keller Mortgage LLC, a member of the Keller Williams family of companies. The terms of the transaction were not disclosed.
Mutual of Omaha Mortgage, a subsidiary of insurance and financial services company Mutual of Omaha, will operate Keller Mortgage alongside its existing forward and reverse mortgage divisions, Mutual of Omaha Mortgage President Terry Connealy said.
“This transaction brings together two leaders in the mortgage industry, leveraging the strengths of each to provide outstanding products and services to homebuyers from coast to coast,” Connealy said. “With shared values that emphasize integrity, teamwork, customer focus, innovation and accountability, Keller Mortgage is a strong cultural fit with Mutual of Omaha Mortgage.”
Gary Keller, co-founder and executive chairman of Keller Williams, said his company is “excited to announce how our two leading brands are coming together.”
“Our KW customers will have access to an even more comprehensive slate of mortgage services from a trusted brand with more than a century of business experience,” Keller said. “It’s truly a win-win for all involved.”
Keller Mortgage will be operated as an independent division within Mutual of Omaha Mortgage, but Keller Williams retains a stake in the company, a Keller Williams spokesman said.