Mortgage Architects Acquires Argentum Mortgage and Finance Corp.

Marketwired

TORONTO, ONTARIO--(Marketwired - Jul 23, 2013) - Mortgage Architects is pleased to announce the recent acquisition of Argentum Mortgage and Finance Corp ("Argentum"). "The acquisition of Argentum is in line with our long term growth initiatives" says Ron Swift, CEO of the Pacific Mortgage Group Inc. Argentum Mortgage Brokers will re-brand under the Mortgage Architects label with the full transition expected to be complete by the first quarter of 2014. "We are focused on building a large distribution network to line up with our manufacturing capabilities on the lending side; the purchase of Argentum will be integral to our long term growth."

Albert Collu, past President of IMBA, founded Argentum in 2009. Since that time, Albert, a proven executive, has led Argentum's steadfast growth to a network of over 500 brokers. Through the acquisition, Mr. Collu has been appointed as President of Mortgage Architects and will also be a valued Partner and shareholder. "Albert's vision is very much aligned with Mortgage Architects leadership" says Swift. "Albert possesses great business acumen and will be a strong advocate for the broker channel and for communicating Mortgage Architect's value proposition in the marketplace."

The acquisition of Argentum will help Mortgage Architects leverage their unique broker/lender structure. "The bringing together of Argentum and Mortgage Architects will position the organization as a formidable presence in our industry and create significant momentum." says Collu. "The unique and compelling model and structure at Mortgage Architects will support our brokers and give them a dynamic path for growth and opportunity in the industry."

Mortgage Architects

Mortgage Architects is a national mortgage brokerage with a network of brokers across Canada and offices in Toronto, Mississauga, Vancouver, Calgary, Laval and Halifax. Mortgage Architects is the only brokerage in Canada where brokers benefit from the ownership of a lender and the unique opportunities of this affiliation. Mortgage Architects is focused on helping brokers create clients-for-life.

Argentum Mortgage and Finance Corp.

Since 2009, Argentum has successfully built a network of over 500 brokers with a philosophy built on delivering exceptional service to the consumer through the provision of value added services to mortgage agents and brokers. Argentum believes in more than just a mortgage transaction but a mortgage experience. Argentum brokers specialize in residential mortgages, commercial mortgages, equipment leasing, private mortgages, and high interest secured investments.