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Watermark Financial Partners of Denver was purchased by Mortgage Investors Corp. of St. Petersburg, Florida in 2005. Mortgage Investors Corp. (MIC) was founded in 1938. Mortgage Investors is primarily engaged in the origination and sale of Veterans Administration (VA) guaranteed residential mortgages. Mortgage Investors Corp. has been the largest VA Lender for the last five years (source: Mortgage Investors Corp. web site).
The acquisition of Watermark by Mortgage Investors Corp. helps to expand their government focused mortgage business into the larger FHA mortgage loan category.
Mortgage Investors has been a member of the Mortgage Bankers Association (MBA) since 1944.
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