Home | Business News | Browse by Publication | P | PR Newswire

SunTrust to Purchase Sun America Mortgage Corporation; Transaction to Expand SunTrust Mortgage Scope in Key Atlanta Markets.

Publication: PR Newswire
Publication Date: 25-JUN-03
Format: Online - approximately 562 words
Delivery: Immediate Online Access

Article Excerpt
SunTrust Banks, Inc. and Sun America Mortgage Corporation today announced the signing of a definitive agreement under which SunTrust will acquire Atlanta-based Sun America Mortgage. Financial terms of the transaction were not disclosed.

With approximately $1.2 billion in total mortgage loan originations in 2002, and as one of the top five residential retail lenders in Metro Atlanta, Sun America operates from eight locations in the Greater Atlanta area, as well as an office in Charlotte, N.C. SunTrust Mortgage, Inc., SunTrust's mortgage banking subsidiary,...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from PR Newswire
Mirant Comments on FERC Decisions., June 25, 2003
Candlewood Suites' Fifth Pennsylvania Location Opens in Wilkes-Barre., June 25, 2003
We Power Breaks Ground on Port Washington Generating Station; Plant Wi..., June 25, 2003
BIO-key Teams With HP to Exhibit at the Excellence in Government Show;..., June 25, 2003
Grainger President and COO Addresses Analysts; Revises Sales and Refin..., June 25, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.