AnnieMac expands footprint in Kansas, adding $220M Wichita team

AnnieMac Home Mortgage is expanding its presence in Kansas with the addition of a 12-person retail lending team based in Wichita, which brings $220 million in production to the company. This move not only grows AnnieMac's footprint but also demonstrates its ability to attract experienced talent from competitors. The team had previously joined Union Home Mortgage after UHM acquired Sierra Pacific Mortgage, showing that even in a competitive market, lenders are willing to make changes.

This expansion is significant for AnnieMac as it continues to build its presence in the Midwest. The addition of the Wichita team gives the company a stronger foothold in Kansas, allowing it to better serve local customers and capitalize on growth opportunities in the region. For the commercial real estate and leasing industries, this development highlights the ongoing consolidation and movement of talent within the mortgage lending sector.

As the mortgage market continues to evolve, it's essential to watch how AnnieMac's expansion impacts its overall performance and market share. Additionally, keeping an eye on Union Home Mortgage and the aftermath of its acquisition of Sierra Pacific Mortgage will provide insight into how the company adapts to changes in the market. The Wichita team's production numbers and integration into AnnieMac's operations will also be worth monitoring in the coming months.

Originally reported by housingwire.com. LeaseNews adds analysis for real estate & property readers.