News & Events

Bob Rea has joined Mason-McDuffie Mortgage Corp

SEATTLE—Veteran Puget Sound area mortgage executive Bob Rea has joined Mason-McDuffie Mortgage Corp. to lead its expansion into the Pacific Northwest.

Rea, a long-time resident of the Seattle area, is one of four new vice-presidents at  the San Ramon, CA-based mortgage bank as it executes its plan to expand in key markets across the nation.

“We’re looking for quality, experienced loan officers,” said Rea.

He was recruited to Mason-McDuffie by Chuck Jackson, senior vice president for production. They previously have worked together as mortgage banking executives at an earlier iteration of Mason-McDuffie. The name dates to 1887 in the real estate business.

Rea’s charge is to build a network of branches in the Pacific Northwest as well as Nevada and Arizona.

Previously, he worked for Mason-McDuffie and Weyerhauser Mortgage Co., after it purchased Mason-McDuffie. During his career, his assignments have included managing branches in multiple states.

He founded and built Exchange Financial Northwest from 1988 until he sold it in 1994 to North American Mortgage Co. He oversaw offices in Seattle, Bellevue and Everett.

After working for North American for six years, he moved to Pacifica Bank and established its mortgage division as the president of Pacifica Mortgage.

Rea has been a member of both the Washington Mortgage Bankers Association and the national mortgage bankers association. He lives in Edmonds.