Cambria Mortgage Case Study

Decent Essays
Cambria Mortgage was formed on July 8, 2008 in the State of Minnesota and became licensed as a money broker in the State of North Dakota on October 28, 2010. In additional to Minnesota and North Dakota, Cambria Mortgage also maintains licenses in Colorado, Florida, Iowa, South Dakota, and Wisconsin. Cambria Mortgage is primarily owned by Mark M. Davis (49.5%) and Martin E. Davis (49.5%).

Cambria Mortgage was organized for the primary purpose of engaging in residential mortgage origination and consumer and commercial financing. Cambria Mortgage operates as a loan correspondent and was approved by the Federal Housing Administration in January 2014 to be a Title II mortgagee authorizing the Licensee to originate FHA insured single family mortgages.

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