The market is watching — bring it your answer.

Humboldt Group Advisors is the independent practice of Howard Michalski — founding COO of a national mortgage platform, zero to $10 billion.

For mortgage lenders, lending fintechs, and the sponsors behind them. Operator fluency, not advisory study.

100 Deals diligenced
0 → $10B Platform scale
70+ Acquisitions closed
25+ Years operating
One system
Five entry points

M&A Strategy

Sell side and buy side. The strong deals find prepared buyers — come in unprepared, even the bad ones stay away.

Competitive Position

The market already has an opinion about you — it’s shaping every recruit, every seller, every LO.

Profitability

The market sees your leaks before you do — in the talent you can’t attract and the pricing you can’t hold.

Growth

Even world-class lenders lose 20–30% a year. That’s 30% growth just to stand still.

Technology & AI

The market is retooling around you. What’s real, what’s hype, and the sequencing that doesn’t blow up production.

Never five services. Every engagement starts with one pillar — the value is that they’re connected, because a lending business is one business.

Selected work

A $1.5B retail lender. 34 branches on net P&L. We rebuilt pricing branch by branch — and took back twenty basis points.

Profitability · 12 states

Pricing model rebuild

A $1.5B national retail lender — 34 branches across 12 states on net-branch P&L. Pricing, margin model, and cost allocation redesigned and rolled out branch by branch. Roughly 20 bps of profitability returned to the P&L.

Acquisition, turnaround, exit

A stalled specialty lender/servicer deal brought to close, GSE servicing contracts renegotiated post-close, then a successful sell-side exit. The full lifecycle, one operator.

Ownership transition

Technical advisor to an exiting minority owner — translating operations, financials, and lending mechanics so he could negotiate a partner buy-out on equal footing. Parties reached a definitive agreement.

About

I didn’t study mortgage companies. I ran one.

Operator, acquirer, sponsor, founder, advisor — every side of the table. 100 deals of deep diligence, 70+ acquisitions closed, 220+ locations integrated, 1,800 employees.

COO of a PE-owned platform: a $100M private credit fund launched and scaled, multi-channel distribution built, capital-markets take-outs established. Before that: GE Capital, Fannie Mae automated underwriting, U.S. Army intelligence.

Get ahead of the market’s opinion.

Book a call with Howard I’ve sat on every side of the table in this industry. The first call is me listening, not pitching.