Dallas-based residential mortgage lender PrimeLending and Mutual of Omaha Bank today announced a joint venture that will create a new company to provide a wide range of home financing services.
Dallas-based residential mortgage lender PrimeLending, a PlainsCapital Co., and Mutual of Omaha Bank have formed a joint venture that will create a new mortgage company, the companies said April 13. Mutual of Omaha Mortgage will be owned by PrimeLending Ventures Management LLC, a wholly owned subsidiary of PrimeLending, and Mutual of Omaha Bank.
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Mutual of Omaha Bank and PrimeLending Announce Mortgage Joint Venture. About Mutual of Omaha Bank Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses across the United States. With more than $7 billion in assets, Mutual of Omaha Bank is a subsidiary of Mutual of Omaha,
Mutual of Omaha Mortgage will be owned by PrimeLending Ventures Management, LLC, a wholly owned subsidiary of PrimeLending, and Mutual of Omaha Bank. It will be governed by a joint operating committee with representation from both parties. Mutual of Omaha Mortgage will begin recruiting for a wide-variety of positions within the next 45 to 60 days.
Joint venture partners PrimeLending Venture Management LLC and Mutual of Omaha Bank announced the creation of Mutual of Omaha Mortgage in April. Expected to begin operations in the third quarter, Mutual of Omaha Mortgage will offer a wide range of home financing products and services.
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OMAHA & DALLAS, Apr 13, 2016 (BUSINESS WIRE) — Dallas-based residential mortgage lender PrimeLending and Mutual of Omaha Bank today announced a joint venture that will create a new company to.
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