Lenders Hold Inaugural "Lenderpalooza" Event

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Leading On-Line Lenders meet to share best practices.

RMC Vanguard Mortgage Corporation, a leading independent mortgage company based in Houston, Texas, announced today the conclusion of the first "Lenderpalooza" event held in Houston, Texas.

The objective of "Lenderpalooza 2008" was to create an informal atmosphere for the Leaders of On-line Mortgage Lenders to share ideas and best practices. Topics discussed included maintaining profitability, technology improvements, sales, customer service and brainstorming with the goal of an enhanced customer experience and increased internal efficiency among the participants.

Attending the round table discussion were:
Saul Pohn, CEO/President, First Residential Mortgage Network, Inc.,
Geno Zale, President of Lending, First Residential Mortgage Network, Inc.,
Timothy Burke, CEO, Nationwide Lending Corporation,
Monte Robbins, CEO/President, CapWest Mortgage Corporation,
Kurt Simons, Chief Financial Officer, CapWest Mortgage Corporation
Jeffrey Douglas, CEO, Wyndham Capital Mortgage,
Owen Raun, President, RMC Vanguard Mortgage Corporation,
Matt Kiker, Chief Financial Officer, RMC Vanguard Mortgage Corporation,

Regarding the event Timothy Burke, CEO of Nationwide Lending said, "Having been a part of so many advisory type meetings through the years I've learned that the eventual success of the meeting is always predetermined by the character of the people and companies who are invited. This was the best lender meeting I've ever attended!!"

As part of the dialogue, Mike Minnis and Kirsten Harkin from Service Link and Jamie McDonald and Ed Powell of Sparkroom presented their products to the group.

Speaking about the take-aways from the conference Owen Raun is quoted as saying "Sharing your best practices or secret sauce with your competetitors is an intimidating proposition. I believe we all have mutually benefited by sharing our various methods of dealing with the problems we each face every day. I'm looking forward to Lenderpalooza 2009!"

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