VRM Mortgage Services Honored as a Top 100 African-American Owned Business in the United States for Third Consecutive Year

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DiversityBusiness.com bestows multiple awards including a ranking of 21st in the “Top 100 Privately-Held Company in Texas” category

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In this past year we’ve contributed a number or diversity & inclusion initiatives including introducing a new self-assessment tool for our industry to advance this cause as a whole.

VRM Mortgage Services (VRM), an industry-leading outsourcing solutions provider for residential and commercial assets, announced today that for the third consecutive year, it is the recipient of multiple awards bestowed by DiversityBusiness.com. Now in its 16th year, Diversitybusiness.com has been identifying the nation’s most successful entrepreneurs in a variety of categories and continues to recognize VRM as one of the country’s top African-American, diversity-owned and privately held businesses.

Out of a pool including more than 1.5 million businesses, VRM received awards ranking 47th in the “Top 100 African American-Owned Business in the United States” category and ranking 158th in the “Top 500 Diversity-Owned Company in the United States” category. In addition, VRM was honored as the 17th “Top 100 Diversity-Owned Company in Texas” and ranked 21st in the “Top 100 Privately-Held Company in Texas” categories.

“This is the third consecutive year we’ve been honored by DiversityBusiness. The recognition from these awards renews our efforts to strive for even greater excellence as company,” said Keith Murray, president and CEO of VRM Mortgage Services. “More importantly, I believe it is also a result of our efforts in our industry. In this past year we’ve contributed a number or diversity & inclusion initiatives including introducing a new self-assessment tool for our industry to advance this cause as a whole.”

In 2015, VRM’s training division VRM University (VRMU) introduced its Diversity & Inclusion Self-Assessment toolkit to provide a free alternative for financial service businesses to benchmark, document and report their compliance with the proposed standards mandated by section 342 of the Dodd Frank Act. Additionally, VRM’s leadership serves on multiple industry boards for diversity & inclusion including the American Mortgage Diversity Council (AMDC), the NAWRB's Diversity and Inclusion Leadership Council (NDILC) and Mortgage Bankers Association’s (MBA) Strategic Diversity Committee and continues to be a strong supporter of the industry’s diverse real estate organizations through both grant programs and specialized training opportunities through VRM University.

DiversityBusiness, which produces the annual lists, provides business news and information, research, data collection and other services to advance business best practices through diversity. The “Top Businesses” are determined by a selection committee which evaluates the eligibility for all submissions in each award category. The “Top Businesses in America” program is sponsored by major brands which include Northrop Grumman, Apple, United States Postal Service, Wal-Mart, Colgate, Raytheon, Hilton, and Time Warner among others.

For more information about VRM Mortgage Services visit: http://www.vrmco.com

About VRM Mortgage Services
VRM Mortgage Services (VRM) is an industry-leading outsourcing solutions provider for residential and commercial assets. From loan originations and subservicing, to pre and post-foreclosure services; VRM delivers client-specific solutions for the mortgage industry’s toughest challenges. The company provides the expertise, scalability, compliance and tiered reporting that enables lenders, servicers, investors and GSEs to reduce operational and reputational risk while maintaining its commitment to diversity, client and community. VRM is the only outsourcing solutions provider to have listed, managed and sold over 550,000 assets representing $50 billion in transactions.

About DiversityBusiness
Launched in 1999, DiversityBusiness is the largest organization of privately owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies, and colleges and universities. DiversityBusiness provides research and data collection services for diversity including the "Top 50 Organizations for Multicultural Business Opportunities", "Top 500 Diversity Owned Companies in America", and others. Its research has been recognized and published by Forbes Magazine, Business Week and thousands of other print and internet publications. The site has gained national recognition and has won numerous awards for its content and design. Its e-magazine reaches over 3,000,000 readers, an enewsletter that reaches 2.4 million, and website visitors of 1.2 million a month. It is a leading provider of diversity management tools. DiversityBusiness.com is produced by Computer Consulting Associates International Inc. (CCAii.com) of Southport, CT. Founded in 1980.

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Rich Owens
VRM Mortgage Services
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