First Horizon Home Loans, Irving, Texas, has acquired the operations of The Equity Group Financial Inc., a mortgage banking company based in Livonia, Mich., for an undisclosed amount.Jay Bobel, EGF's president and founder, will become a senior vice president at First Horizon and will focus on recruiting more mortgage sales professionals, EGF reported. Licensed in Michigan and Ohio, EGF has grown from four associates to more than 100 over the past nine years, according to the company. It can be found online at http://www.egfloans.com.
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