The Real Deal New York

Chicago firm snaps up Manhattan Mortgage

November 12, 2012 03:30PM
By Zachary Kussin

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Manhattan Mortgage founder Melissa Cohn (left) and Guaranteed Rate CEO Victor Ciardelli

From the November issue: In the wake of the fallout from the financial crisis, Manhattan’s largest independent mortgage broker — 27-year-old Manhattan Mortgage — has been acquired by the Chicago-based mortgage lender Guaranteed Rate.

“It was time to be part of a bigger bank,” said Manhattan Mortgage founder Melissa Cohn, who is now an executive vice president at Guaranteed Rate. [more]