Tahoe-area mortgage companies merge

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Tahoe City-based Lake Tahoe Mortgage Corp.

and Incline Villagebased Pacific Guarantee Mortgage have merged.

Pacific Guarantee Mortgage owner Bryan Wallpe and Lake Tahoe Mortgage Corp.

owner Harry Gordon, will be equal owners of the company which will have more than 35 loan employees with combined closings exceeding $350 million in 2002.