Mortgage Brokers Network Changing Industry Perception
Released on: May 23, 2008, 10:50 pm
Press Release Author: Kent Wheeles
Industry: Financial
Press Release Summary: The perception of the mortgage industry is being changed with the concepts developed by Mortgage Brokers Network. Mortgage Banks and Federally Chartered Banks have signed on with Mortgage Brokers Network to recruit only the most talented and ethical originators throughout the United States. Currently under contract with 8 institutions, the philosophy of Mortgage Brokers Network is to provide a company for loan originators to procure business under the supervision and fraud detection of a third party processing company to eliminate the likelihood of future foreclosures.
Press Release Body: Olney, IL May 25, 2008 - As the mortgage industry changes, Mortgage Brokers Network is leading the charge for shaping the entire concept of mortgage originating. With the addition of their eighth mortgage bank, Mortgage Brokers Network is now able to offer knowledgeable and ethical loan originators the opportunity to protect their reputations by giving consumers the best terms available with the fraud detection and back-end support of Federally Chartered Banks. The solutions provided by Mortgage Brokers Network can be viewed at their website at http://www.mortgagebrokersnetwork.com .
Mortgage Brokers Network is recruited by mortgage banks and Federally Chartered Banks to search for the best candidates that meet the strict ethical standards the industry requires. Originally started as an informational website in the late 1990's, company founder Gary Lacey developed a method for larger mortgage institutions to recruit only loan originators that would meet the demands and requirements of ethical loan origination. The philosophy began with educating mortgage professionals to the continuing changes of the mortgage industry and the reputation bred the concept that is Mortgage Brokers Network.
As evidenced on the company website at http://www.mortgagebrokersnetwork.com, the companies currently contracting Mortgage Brokers Network are: American Nationwide Mortgage Corporation, EVOFI One, CRL Lending, Alternative Mortgage, Security Mortgage Corp., Community First Bank, Franklin Bank, eMortgage Management, and Emery Federal. The management of Mortgage Brokers Network carefully selects the financial institutions in which to team with as to prevent aligning with any institution that may affect the solid reputation of Mortgage Brokers Network.
The proliferation of foreclosures has forced the mortgage industry to identify and implement methods to prevent future risk to both the consumer and investor. Mortgage Brokers Network has teamed with a third-party processing center to eliminate any conflict of interest between loan originator and internal processing at the institution. Process My Loan Now offers protection for consumers, originators, and investors with their proprietary system of checks and balances.
Company founder Gary Lacey states, "We have designed a business model that will change everything about the mortgage industry. By aligning ourselves with only companies that share our beliefs and concerns, we feel confident that everybody can be happy. Our research team practices due diligence on every contract to ensure our reputation of placing only qualified and ethical originators is maintained."
Every member of the Mortgage Brokers Network brings a different area of expertise and interest to the company. Dickie Baldwin maintains contacts with the Federally Chartered Institutions. With over 25 years in the mortgage industry, Dickie Baldwin has experienced the many peaks and valleys of the market. Kent Wheeles has assisted over 200 homeowners acquire financing since 2002 as a state licensed loan originator. Additionally, Kent Wheeles has promoted homeownership with seminars designed to educate about the importance of credit in the home buying process. Lee Faulkner has developed allegiances with some of the top Realtors and Federally Licensed Banks in the nation. Shawn Stougard has educated homeowners and Real Estate Agents about the many products available in the market today including a great knowledge of the FHA process.
For additional information about Mortgage Brokers Network, contact Gary Lacey or visit the company website at http://www.mortgagebrokersnetwork.com.
About Mortgage Brokers Network: The mortgage industry's matchmaker, Mortgage Brokers Network offers protection for consumers, originators, and investors by aligning only with companies that share the same beliefs as our philosophies. By being able to offer a service to every person involved in a real estate transaction, all parties come away a winner.
Contact: Gary Lacey, National Director Mortgage Brokers Network 815-230-9867 Email: mailto:glacey@mortgagebrokersnetwork.com http://www.mortgagebrokersnetwork.com ###
Web Site: http://www.mortgagebrokersnetwork.com
Contact Details: 312 N Mill Street Olney IL 62450 Phone (815) 230-9867 Email: glacey@mortgagebrokersnetwork.com