American Equity Mortgage, St. Louis, has announced the acquisition of Integrity Mortgage Corp., Columbus, Ohio, for an undisclosed amount.Integrity Mortgage will continue to operate under its current name. It was founded in 1992 by Mike Vinson, brother of American Equity's founder, Ray Vinson. Deanna Daughhetee Vinson, American Equity's chief executive officer, said Integrity Mortgage is "a perfect geographic fit for us and allows us to fill in several key markets in the Midwest." The combined entity will close loans in 20 states and have an annual loan volume of about $2.5 billion, the companies said. Integrity Mortgage can be found on the Web at http://www.integritymortgage.com.
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A panel of DC Circuit Court judges ruled late Monday that the president had not met the stringent statutory requirements to block a lower court injunction, which allowed Federal Reserve Gov. Lisa Cook to remain at her post as her lawsuit challenging her dismissal is litigated.
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September 15