The move is part of a strategic realignment of MasonMac’s business, with its distributed retail production teams joining Envoy. Envoy plans to maintain several of MasonMac’s DBAs and team names. MasonMac will retain a smaller footprint following the deal. Iverson said the operating environment made it difficult for MasonMac to fund the level of technology, process and partnership investment it believed was necessary to compete at scale. Passafiume said that Envoy’s funded loans per full-time LO is up 40% year over year, even in a challenging mortgage rate environment.