Fairway Independent Mortgage acquires assets of Indiana firm

Fairway Independent Mortgage Corp. announced Wednesday it has acquired the assets of Hallmark Home Mortgage, a Fort Wayne, Indiana-based mortgage lender.

As part of the transaction, Hallmark will become a new division of Fairway and will operate under a revised brand: Hallmark Home Mortgage, powered by Fairway. Financial terms of the deal were not disclosed.

Hallmark’s CEO Deborah Sturges, a long-time acquaintance of Fairway’s founder, will join the full-service mortgage lender as its president. 

Sturges and Fairway founder and CEO Steve Jacobson previously worked together at Waterfield Financial Corp. and maintained contact over the years, making “this partnership a natural fit,” a press release reads.

“Our shared vision will make us even stronger together,” Jacobson said in a statement…