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American Mortgage and Equity Consultants

American Mortgage & Equity Consultants, Incorporated - Mankato, MN

American Mortgage & Equity Consultants, Incorporated 507-387-5626

American Mortgage Consultants acquires Meridian Asset Services

Florida-based Meridian will continue to operate under its current management and branding as a subsidiary of AMC. Meridian Founder Karen Riffe will join AMC as president, Meridian Asset Services.

The merger is one of several AMC moves that have made headlines in the last year.

In September, the firm launched TechEssential , a subsidiary that offers a suite of technology solutions aimed at increasing the efficiency of transacting in the secondary mortgage market.

In July, AMC acquired Iowa-based The Barrent Group , expanding its footprint into the Midwest and enhancing its offerings with securitization underwriting for various loan types and the review of seasoned re-performing, non-performing and performing assets.

All of this comes after Stone Point Capital , a private equity firm that also  owns a piece  of  Ten-X, bought a majority stake in AMC in April, saying it foresaw “significant growth opportunities for the company.

11 Predictions for Denver Real Estate in 2019 and Beyond

At about a quarter of our population, millennials are the largest generation in the Centennial State, on track to account for 45 percent of mortgages in 2019, according to Plus, the largest cohort of millennials is approaching 30, an age at which that demographic, broadly speaking, is transitioning to a more stable lifestyle—and, perhaps, finally able to scrape together a down payment. “They don’t necessarily need the square footage,” says Libby Levinson, a broker associate at Kentwood Real Estate . “They want the lifestyle; they want to be living their best lives on Instagram and have access to things that let them do that.”

Then there’s the baby boomers—many in or nearing retirement—who make up 22 percent of Colorado’s population. They’re often still active and healthy but, if they can afford it, are looking to trade five-bedroom homes outside the city for smaller floor plans in walkable neighborhoods. “Boomers don’t want to have to maintain empty space,” says Liv Sotheby’s Heather Heuer.

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