Priority Mortgage, Brookfield, Wis., will merge its operations into American Foundations MortgageBanc, which also is based in Brookfield. American Foundations is a subsidiary of Generations Bancorp Inc., Pewaukee, Wis. Priority has been the mortgage partner for First Weber Group, a Wisconsin real estate firm. After the deal is completed, American Foundations and First Weber will enter into a strategic alliance. Until its acquisition by Generations, American Foundations had been known as Amerihome Mortgage LLC. American Foundations generates loans through retail, wholesale and Internet channels. Besides its Wisconsin offices, it has offices in Massachusetts and Illinois.
Processing Content
