3-24-14 SPECIAL GUEST: Chuck Klein discussing Merger & Acquisition Trends

Published: March 24, 2014, 5 p.m.

b'Consolidation within the mortgage industry continues to be a growing trend.\\xa0 The increasing\\xa0costs and complexities of running a mortgage company these day are challenging enough but when you add\\xa0shrinking loan volumes, business owners\\xa0see strength in getting bigger. \\xa0An increasing number of companies\\xa0are\\xa0looking to merger with another company\\xa0or be acquired. \\xa0If a company is strong enough, they may become the acquirer. \\xa0In the middle of all this mergers and acquisition (M&A) activity, there are a few quiet and unassuming group of mortgage industry consultants that specialize in advising executives on M&A. \\xa0We had as our guest, Chuck Klein, who is a 40-year mortgage veteran who has specialized in mergers and acquisitions for the past 20-years. \\xa0Don\'t miss this broadcast to find out the latest in the M&A trends within our industry.\\xa0\\xa0\\n\\nCreated BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.\\nConsolidation within the mortgage industry continues to be a growing trend.\\xa0 The increasing\\xa0costs and complexities of running a mortgage company these day are challenging enough but when you add\\xa0shrinking loan volumes, business owners\\xa0see strength in getting bigger. \\xa0An increasing number of companies\\xa0are\\xa0looking to merger with another company\\xa0or be acquired. \\xa0If a company is strong enough, they may become the acquirer. \\xa0In the middle of all this mergers and acquisition (M&A) activity, there are a few quiet and unassuming group of mortgage industry consultants that specialize in advising executives on M&A. \\xa0We had as our guest, Chuck Klein, who is a 40-year mortgage veteran who has specialized in mergers and acquisitions for the past 20-years. \\xa0Don\'t miss this broadcast to find out the latest in the M&A trends within our industry.\\xa0\\xa0\\n\\nCreated BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.'