Ohio-based Union Home Mortgage (UHM), led by Bill Cosgrove, has reached an agreement to acquire California-based Sierra Pacific Mortgage‘s assets, sources told HousingWire.

The deal marks UHM’s second deal in 2025, following its March purchase of Houston-based Nations Reliable Lending (NRL Mortgage). The move comes less than three years after UHM acquired Amerifirst Home Mortgage.

HousingWire reached out to both companies for comment but did not immediately received a response.

Sierra Pacific’s team originated about $1 billion over the past 12 months, with a portfolio weighted toward conventional loans (63%) and details ⇒

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