CMG Mortgage Buys Northwest Financial Advisors

Posted by Orb Staff on November 02, 2009 No Comments
Categories : Residential Mortgage

San Ramon, Calif.-based lender CMG Mortgage Inc. has acquired Kirkland, Wash.-based Northwest Financial Advisors.

CMG Mortgage President and CEO Chris George says the acquisition furthers the company's expansion efforts into the Northwest.

‘We're confident that CMG can provide the additional resources for Northwest Financial Advisors to continue to gain significant breadth and depth in this marketplace,’ he says.

George also cites CMG Mortgage's belief in the stability of the region's housing market, noting that Seattle was listed as one of seven cities across the country predicted to see a gain in home prices over the next two years, according to CNNMoney.com.

"We believe that our acquisition by CMG Mortgage offers us a superb opportunity for future growth, expanding our capabilities beyond providing consumers with mortgage broker services," adds Jack Bentler, who founded Northwest Financial Advisors in 1995 and is the company's president.

SOURCE: CMG Mortgage Inc.

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