The expansion-minded CMG Mortgage of California has opened a new retail branch in Denver, hiring mortgage banker Matt Klaess to run it. Mr. Klaess, the former owner of American Guarantee Mortgage, is "well known" in the Denver market, CMG said in a statement. No further details were available at press time. A few weeks ago CMG bought Northwest Financial Services, Seattle, a loan brokerage firm with 30 retail loan officers, for an undisclosed sum. CMG is a nonbank residential lender that ranks 58th nationwide in terms of loan originations, according to figures compiled by National Mortgage News and the Quarterly Data Report.
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