TMG, NU Stream announce strategic affiliation

Canada’s largest independent mortgage brokerage has announced a strategic affiliation with a British Columbia mortgage and realty firm.

TMG The Mortgage Group and NU Stream Realty and NU Stream Mortgage will work together to support the BC firm’s strong growth. NU Stream was actively seeking for a partner which shares its values.

"When we were looking at this next stage of growth, TMG's support systems, training and tools impressed us," said Wells Peng, founder and CEO of NU Stream. "The TMG team is the best fit for our company and we look forward to continuing to grow together."

The rise of NU Stream’s business was an attractive proposition for TMG and its BC vice-president Dan Pultr is enthusiastic about the affiliation.

"From the moment we met with the partners at NU Stream, we were excited to work with such growth and client focused individuals," he said. "The company's market penetration over the past few years has been impressive -- $3B in transactions since inception in 2016 - and when they shared their vision, it was a natural fit.”

NU Stream Realty Inc. is developing operations in both the Vancouver and Toronto Chinese markets simultaneously, establishing a platform to serve customers across Canada.

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