White Plains, NY (PRWEB) December 3, 2008
Guaranteed Home Mortgage Company, Inc. (Guaranteed, http://www.ghmc.com), a White Plains, New York-based residential mortgage investment and banking firm, today announced a new survival package for struggling mortgage companies. The package consists of assistance in compliance, marketing, accounting and processing, and the use of proprietary software systems, under the Guaranteed umbrella.
To receive the package, companies may join Guaranteed as a branch office provided they have sufficient mortgage banking, brokerage and management experience. Guaranteed then lets the new branch focus on its core competency of generating business revenue while it handles licensing issues, regulatory reports and other auxiliary functions. Guaranteed's loan-origination program, Encompass, and lead-management system, Lending Tree, would cost an independent organization hundreds of thousands of dollars, but they are provided for free, with training, for Guaranteed affiliates.
David Wind, Principal and President of Guaranteed, noted, "Our comprehensive support structure emphasizes mortgage banking fundamentals and serves as a major component of our new survival package. We also help our branches leverage our national operation to achieve lower-cost financing for their clients while maximizing their own returns on each transaction."
He went on to describe the company culture as another major factor in its success. Originally a family-owned business, Guaranteed emphasizes a "people-oriented" approach. It ensures all its branch personnel receive extensive training, mentoring and support, including a weekly national conference call, and a Quickpay™ system to provide agents next-day payment after the funding of a loan.
For more information, please contact Kelley Berkheiser at 914-696-3400, x246, email [email protected], visit http://www.ghmc.com or write Guaranteed Home Mortgage Company, Inc., 2 Gannett Drive, #110, White Plains, NY 10604.
About Guaranteed Home Mortgage Company
Founded in 1992, Guaranteed Home Mortgage Company (Guaranteed), a licensed mortgage investment and banking firm based in White Plains, New York, is comprised of over 500 mortgage professionals lending in 30 states. The company, previously named in the Inc. 500 list of the fastest growing companies in the United States, provides residential mortgage financing to a wide variety of consumers and real estate professionals. It is a member of the Mortgage Bankers of America Association, the Mortgage Brokers Association, the Better Business Bureau and many state and regional industry organizations.
David Wind, Principal and President of Guaranteed, is a licensed real estate broker and member of the American Bar Association. He writes a weekly column for the New York Daily News Real Estate Section and appears on CNBC and other radio and TV outlets to discuss the mortgage business. Previously, he served as a financial analyst of mortgage-backed securities at Citicorp Investment Bank and worked in the real estate finance department of the New York State Attorney General's Office. He holds a Juris Doctor at New York Law School, Master of Science / Finance degree at New York University, and Business of Arts / Accounting degree at Boston University.