In East Bay 4 mortgage companies have merged with BWC Mortgage Services, situated in San Ramon to form a retail mortgage lender which will now have yearly origination greater than $2 billion. With this merger BWC Mortgage Services will be operating in 21 branches with more than 200 mortgage loan agents.
BWC Mortgage Services which is a former division of Bank of Walnut Creek provides multi-state licensing, FHA loans & mortgage banking.
The 4 mortgage companies that have merged with BWC Mortgage Services are; Paragon Mortgage Bankers of Alamo, Bay Area Funding Group of Danville (it was lending division of Re/Max Accord), Stonecastle Land & Home Financial of Danville and Concord branch of All California Mortgage.
Sunday, February 24, 2008
Merger of mortgage companies
