| Mortgage Network,
Inc. is a private mortgage company founded in 1988. Since inception,
Mortgage Network has grown consistently year after year as our
competitors, both large and small, have come and gone.
Mortgage Network, Inc. currently provides mortgage
banking services in over thirty states and originates loans
through both retail and wholesale channels. The company employs
a number of loan officers who originate loans directly (retail)
and also purchases loans from banks, licensed lenders and
brokers (wholesale). In 2007 combined sales from the retail
and wholesale divisions were close to $4 billion. The company
has established seven regional lending offices providing retail
mortgage services on the east coast from Maine to Florida.
Mortgage Network originates all loans for sale
on the secondary market and is approved by FNMA, FHLMC, HUD,
and VA. The company utilizes a proprietary best-execution
model to assure that maximum price efficiencies are achieved
with each bulk loan sale offering. The secondary marketing
department is continually monitoring market conditions and
evaluating different opportunities. To protect itself again
interest rate risk, the company uses a strategy of executing
forward sales of mortgage-backed securities.
The company’s unique combination of experience,
product development, and commitment to providing great service
has made us an industry leader. The fact that over 75% of
our business comes from direct referrals from satisfied customers
speaks volumes about our absolute commitment to providing
world-class service. Our loan officers are the best in the
business and the entire staff at Mortgage Network backs our
promise to provide a mortgage experience that is second to
none.
Forbes.com Article (04/22/08): Click Here |
