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Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender

Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender

by Phil Hall | Jun 21, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Montreal-headquartered Nesto has acquired CMLS Group, Canada’s third-largest mortgage finance company. The financial terms of the deal were not disclosed, although the companies stated the transaction was supported by investments from Diagram Ventures, Portage,...
Former Rocket Mortgage Executive Joins Canadian Digital Lender Nesto

Former Rocket Mortgage Executive Joins Canadian Digital Lender Nesto

by Phil Hall | Sep 29, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Nesto, the Montreal-headquartered digital mortgage lender serving the Canadian market, has hired Max Wegner as its chief revenue officer. In his new role, Wegner will be tasked with accelerating the company’s sales and mortgage operations across Canada – including...

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