GenEquity Mortgage buys Houston Capital Mortgage.

PositionNEWS ROOM

Coppell, Texas-based GenEquity Mortgage Inc., a mortgage banker licensed in 19 states, announced it has completed its purchase of Houston-based Houston Capital Mortgage.

The acquisition adds to GenEquity's branch footprint in the Houston metro area and also provides points of entry to new markets, the company said. Following the acquisition, Houston Capital Mortgage will operate as a division of GenEquity.

A press release noted that Christopher Viviano, chief executive officer of Houston Capital Mortgage, and Stacy London, president, would continue to lead their company upon its acquisition by GenEquity. The two executives will join the management team of the combined company and Houston Capital Mortgage will continue to do business under that name.

...

To continue reading

FREE SIGN UP