Opened regional office in Washington, D.C. to house underwriting and settlement operations. For the first time, residential loans originate outside corporate headquarters with the establishment of a branch office network. Opening of New Jersey branch established Northeast Region and expands to include Pennsylvania and Connecticut. 1993 Company purchased back from PaineWebber, becoming an independent organization and returning ownership to our management group. Adopted the name Columbia National, Incorporated.
Aggressive expansion continues, including establishment of Southwest Region.
1994 Corporate headquarters relocated to upgraded facility, bringing technological enhancements to customers and continued growth to the company. Number of branch offices tops 60 with the establishment of the North Central Region. Through quality service and innovative, cutting-edge mortgage products, Columbia National has proven to be a stable, professional resource for home buyers, Realtors and builders from 1939 until today. The climate in the mortgage banking industry demanded judicious growth that recognized a 'changing of the guard', yet continued to respect its customers' needs. We met that challenge.