Portland mortgage firm acquired by California giant


San Diego-based Guild Mortgage Co. purchased Northwest Mortgage Group, Rose City’s largest mortgage lender.

Share this article!

San Diego-based Guild Mortgage Co. purchased Northwest Mortgage Group, Rose City’s largest mortgage lender.

The acquisition of Northwest Mortgage Group gives Guild NMG’s eight Oregon branches, which generated $842 million in loan volume last year. The Oregon company was founded by current CEO Bob Engelke and three partners in 1995.

Terms of the deal were not disclosed.

Read more at Portland Business Journal




Latest from Oregon Business Team