Redlands, California-based mortgage lender Mountain West Financial has struck a deal to sell its retail assets to competitor ML Mortgage Corp., one of the latest M&A transactions amid a challenging landscape for home loan originators. 

“We did transfer our branches and loan officers to ML Mortgage. We felt that ML was a good culture fit and would provide the least amount of disruption to the origination team,” Mountain West CEO Michael Delehanty said in an email to HousingWire. 

“There are many reasons that caused us to make this difficult decision. Ultimately, we were not able to overcome the decline in the market over the last details ⇒

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