Sierra Pacific's team originated about $1 billion over the past 12 months, with a portfolio weighted toward conventional loans (63%) and purchase transactions (61.5%), according to mortgage tech platform Modex. By comparison, UHM produced $5.5 billion during the same period, also concentrated in conventional (61.3%) and purchase loans (63.2%). The deal also expands UHM's geographic reach. Sierra Pacific brings stronger footprints in California, Kansas and Tennessee, while UHM's core markets remain in Ohio, Michigan, Texas and Florida.