Karrison Buys Mortgage Banker

Karrison Compagnie Inc., Dallas, has reported the acquisition of all issued and outstanding shares of American Fidelity Inc., a mortgage banker based in Baton Rouge, La., in exchange for 9.2 million shares of Karrison's common stock.Karrison also announced that its board of directors has appointed Randal A. Gomez as chairman and president of Karrison, which has changed its name to American Fidelity Financial Services Inc. The company can be found online at http://www.americanfidelity.com.

Processing Content

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS
Load More