*Successful Lender Expands Its Infrastructure*
**Mortgage Master Profiled**
***Mortgage Master, a super-regional mortgage bank, is enhancing its operational infrastructure by opening a new operations center in Maitland, Florida, as well as expanding its operations centers in Sea Girt, New Jersey and at its corporate headquarters in Walpole, Massachusetts. This expansion is a direct result of the company’s rapid growth, and is now projecting 2012 originations to increase to over $7 billion, from $5.5 billion in 2011.
****As a first step in its long-term national expansion plans, Mortgage Master has opened a 4,700 square foot Operations Center in Maitland, Florida and appointed Candy Burke-Robertson to serve as Operations Manager of the Southeast Region. Ms. Burke-Robertson, who has 30 years of experience in the mortgage industry, will lead the operations team, which currently consists of approximately 20 professionals, as the Company continues to hire in all departments. This new operations center is a key part of Mortgage Master’s plan to expand its geographic footprint and positions the Company for continued responsible growth.
****“Mortgage Master is making the necessary investments in its operational infrastructure, from talent to technology to geographic expansion, to ensure the right people, processes and procedures are in place to enhance our lending value chain,” stated Paul Anastos, Chief Executive Officer of Mortgage Master. “Central Florida has a great deal of operations talent and this new center will offer tremendous support to our production professionals. The addition of Candy and her entire team will help position Mortgage Master as a more dynamic service company as we to continue to grow in Florida and throughout the southeastern.”
****The company is also currently expanding its operations center in Sea Girt, New Jersey and its operation center at its corporate headquarters in Walpole, Massachusetts. In addition, Mortgage Master is in the advanced stages of renovating its corporate headquarters building, which includes an additional 14,000 square foot expansion.
****Over the last 12 months, Mortgage Master has added over 120 employees, many of whom will offer operations support to help bolster Mortgage Master’s elite retail sales force. The company continues to hire processors and underwriters, as well as established loan officers, to further enhance its operational excellence and grow its retail production platform.