10 Years of Company Milestones |
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| July 1993 |
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CMG Mortgage, a retail mortgage brokerage company, is founded by Christopher M. George in his Pleasanton, CA garage with 7 employees |
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| 1994 |
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Company moves to small office in San Ramon, CA |
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| 1995 |
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Wholesale lending division opens |
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Partnership with Calyx software, giving CMG prime position within leading Loan Origination software |
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CMG expands into a significant portion of San Ramon building space |
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| 1996 |
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Rapid expansion phase begins |
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Acquisition of The Mortgage Line |
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Acquisition of Bay Pacific Mortgage of Walnut Creek retail branch of CMG Mortgage Services |
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| 1999 |
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CMG surpasses $1 billion in origination volume |
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| 2001 |
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CMG surpasses $3 billion in origination volume |
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| 2003 |
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CMG Mortgage Services is named Broker of the Year for 2003 by the California Association of Mortgage Brokers (CAMB) |
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Company surpasses $4.5 billion in origination volume (before acquisitions) |
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CMG is named one of San Francisco Bay Area’s 100 fastest-growing companies by the San Francisco Business Times. |
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Acquisition of Pacific Guarantee Mortgage net branch organization from Royal Bank of Canada, adding 32 retail branches in 7 states |
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CMG Financial Services (holding company) is formed |
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CMG files for Federal Savings Bank charter for CMG Bank (in organization). |
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