CrossLand Mortgage Corp. (CMC), a wholly owned subsidiary of First Security Bank of Utah, will acquire Performance Mortgage Co. (PMC), a firm based in Santa Ana, Calif.
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PMC specializes in originating FHA and VA mortgage loans. As part of the acquisition, CMC will get PMC's offices in California, Washington, Maryland, Nevada and Florida.David Zuckerman, CEO and owner of PMC, will join CMC as senior vice president and manager of CMC's government loan division.