Rick Roque Named as Panelist at MBA’s Mergers & Acquisitions Workshop
Managing director at Michigan Mutual sees rapid consolidation for the mortgage industry
December 2, 2015 – Southfield, MI – MiMutual, the retail arm of Southfield, Michigan-based mortgage banker Michigan Mutual, Inc., announced that Managing Director Rick Roque will discuss industry consolidation as a panelist at the Mortgage Bankers Association Mergers & Acquisitions Workshop on Thursday, January 21 in Phoenix Arizona.
Roque will serve on the panel, “Inside the Transaction 2: Life After the Deal,” which focuses on challenges surrounding mergers and acquisitions, namely effective communication protocols, on-boarding team structures and best practices, LOS migration, profit and loss challenges, and more.
“Tighter margins, escalating costs and a harsh business environment will create a tipping point for small and mid-sized institutions next year,” said Roque. “I expect to see 20 to 30 percent fewer independent mortgage banks on the landscape a year from now. This workshop is perfect for executives who plan to accelerate growth and gain scale through acquisitions.”
A frequent speaker at industry events, Roque is recognized as an expert on compliance, loan origination, technology, education finance and financial literacy, training, business development, minority lending and new market opportunities. He is a management and technology expert who has worked with Seagate, PushMX, Calyx and Ellie Mae, and earned a doctorate in education (EdD) with an emphasis on finance and development. He is also the managing editor of Mortgage Compliance Magazine and intensely interested in promoting financial education homeownership among Millennials and future generations of homebuyers.
The Mergers & Acquisitions Workshop brings together advisors, buyers, sellers, investors and other stakeholders to discuss M&A-related issues and gain critical insights needed to make effective strategic decisions. Interested parties can register here: https://store.mortgagebankers.org/ProductDetail.aspx?product_code=M2162026%2FREGIS
Founded in 1992 Michigan Mutual, Inc. is a non-bank mortgage lender based in Southfield, Michigan. The company is a national wholesale and correspondent lender, and operates its retail channel as MiMutual. MiMutual is quickly growing from a super-regional, multistate lender to a national retail mortgage banking firm. The company is Freddie Mac, Fannie Mae and Ginnie Mae approved. It can be found on the Internet at www.MiMutual.com .