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OCMBC, Inc. Completes Acquisition of HomeStar Financial Corporation

PRIVATESep 05, 2024

Acquiring Company

OCMBC

Acquired Company

HomeStar Financial Corporation

IrvineGainesvilleFinancial ServicesLendingFinancial Services

Description

OCMBC, Inc., a leading mortgage lender and servicer, has successfully acquired HomeStar Financial Corporation. This acquisition marks a significant expansion in OCMBC's nationwide operations and brings together the strengths of both companies to better serve their clients.

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Company Information

Company

OCMBC

Location

Irvine, California, United States

About

OCMBC is dedicated to serving the needs of Mortgage Professionals for all prime and non-prime lending. We operate a family of companies in the Mortgage Lending Space in the following channels: Wholesale, Retail, Commercial and Correspondent.

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Frequently asked

Who acquired HomeStar Financial Corporation?

HomeStar Financial Corporation was acquired by OCMBC, based in Irvine. The deal was reported on September 5, 2024. OCMBC is dedicated to serving the needs of Mortgage Professionals for all prime and non-prime lending. OCMBC is privately held and operates in Financial Services.

When did OCMBC acquire HomeStar Financial Corporation?

OCMBC's acquisition of HomeStar Financial Corporation was reported on September 5, 2024. OCMBC, Inc., a leading mortgage lender and servicer, has successfully acquired HomeStar Financial Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HomeStar Financial Corporation do?

HomeStar Financial Corporation is a respected Fannie Mae, Freddie Mac, and GNMA-approved corporation. Founded in April 2002, HomeStar started as a small local mortgage banking company and is now licensed to conduct business from coast to coast. It is privately held, operating in Financial Services, and is based in Gainesville.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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