Following strategic merger, STRATMOR Group poised to serve clients across entire mortgage banking spectrum
Denver, CO — May 17, 2024 — STRATMOR Group, a leading, data-driven mortgage advisory firm, announced it has merged with Teraverde, an award-winning mortgage advisory and technology solutions provider. Both firms will operate under the STRATMOR brand in the near future. The new firm combines each company’s respective programs, technology, and subject-matter expertise to deliver superior advisory solutions to now serve the entire mortgage banking spectrum. The combined services and product offerings will enable them to guide lender and vendor clients alike to make smart strategic decisions that drive efficiency and profitability.
“The mortgage industry is experiencing one of the toughest markets in its history. It is imperative that we all make informed business decisions to navigate this challenging cycle,” said STRATMOR CEO and Senior Partner Lisa Springer. “Similar to the mortgage lenders and vendors that serve our industry, STRATMOR decided to refresh our programs and services so we can continue to provide best-in-class experiences for our clients. Teraverde is the right company to enhance our ability to elevate our offerings and add even greater value to our industry.”
“The Teraverde team is delighted to join STRATMOR,” said Teraverde CEO and Co-Founder Jim Deitch. “We each have a sincere desire to improve our industry and provide superior services to our clients. Our firms have compatible cultures and complementary service offerings backed by outstanding talent. This combination, coupled with the availability of Teraverde’s outstanding Coheus® technology solutions, creates a powerhouse advisory firm.”
Springer added: “The merger of our two firms enables us to expand the markets we serve, the depth of services we can provide, and gives us the technology to highlight opportunities for our clients to help them quickly and impactfully capitalize on new ideas and innovations.”
About STRATMOR Group
STRATMOR Group is a leading mortgage industry advisory firm that provides a range of programs and services for senior industry executives. STRATMOR serves more than 250 companies annually, recommending strategies that increase growth and improve profitability in sales, marketing, technology, operations and mergers and acquisitions. The company leverages comprehensive, proprietary data and key insights gained through extensive experience in the mortgage industry. STRATMOR is well known for its financial models and its collaboration with the Mortgage Bankers Association in the PGR: MBA and STRATMOR Peer Group Roundtables Program. Find out more about STRATMOR on its website at www.stratmorgroup.com.
About Teraverde
Teraverde is a leading provider of award-winning mortgage solutions, offering innovative, flexible mortgage consulting and related software solutions to clients. Teraverde has worked with scores of clients — leveraging their current operations to provide custom solutions to achieve long-term financial goals. It has also developed several solutions and services products that have helped hundreds of clients achieve operational and production excellence. Find out more about Teraverde on its website at www.teraverde.com.