Monday, June 27, 2005
Marshall & Ilsley's Metavante to buy GHR | Reuters.com
Marshall & Ilsley's Metavante to buy GHR | Reuters.com
GHR is the parent company of my current employer, Loansoft. So now (or as soon as the deal closes) we will be Loansoft, owned by GHR, owned by Metavante, owned by M&I. I hope they'll be merciful.
NEW YORK, June 27 (Reuters) - Marshall & Ilsley Corp.'s financial technology unit, Metavante Corp., on Monday said it agreed to buy GHR Systems Inc. for $65 million to add residential mortgage origination and consumer finance services.
...
Established in 1985, Wayne, Pennsylvania-based GHR provides underwriting, processing and closing technologies for companies in the residential mortgage and consumer finance industries. Fifteen of the top 50 U.S. mortgage lenders are GHR clients.
GHR is the parent company of my current employer, Loansoft. So now (or as soon as the deal closes) we will be Loansoft, owned by GHR, owned by Metavante, owned by M&I. I hope they'll be merciful.
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