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

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