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Laureate Capital, a subsidiary of Branch Banking and Trust Co., has acquired R.J. Twitty & Co., a Tampa, Fla.-based mortgage banker.
The terms of the acquisition were not disclosed.
The acquisition adds R.J. Twitty's $275 million loan servicing volume to Laureate's portfolio, Laureate said, and also gives the company another loan production office in Florida (in addition to its existing one in Naples).
The company's new Tampa office will be led by Steven Marshall from R.J. Twitty & Co.