300 West Wieuca Road   Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills.co...
The Wizard of Oz Campaign Gains Momentum With Lenders One Members – P/2


marketing efforts above the national lenders and...
300 West Wieuca Road   Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills.co...
Lenders One Adds to List of Preferred Vendors – P/2

Sam Black Consulting, which previously has provided sales training an...
300 West Wieuca Road   Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills.co...
Lenders One, Mortgage Builder Partner for End-to-End Loan Origination – P/2


Joe Lindau, director of secondary marketing ...
300 West Wieuca Road   Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills.co...
Lenders One Reflects on Year of Unprecedented Change, Record Cooperative Growth – P/2


software for loan origination and ...
300 West Wieuca Road     Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills....
Lenders One, StreetLinks Enter New Partnership – P/2


with the most comprehensive, reliable valuation solutions that empo...
300 West Wieuca Road   Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills.co...
Lenders One Member Reaches New Level in Charitable Giving – P/2


those with spinal cord injury or dysfunction, and to the...
300 West Wieuca Road   Building One   Suite 300   Atlanta GA 30342   678-781-7200   Fax 678-781-7239   www.williammills.co...
Lenders One, DocMagic Partner for Mortgage Loan Fulfillment – P/2


Stern continued, “Teaming with DocMagic is just one ex...
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Lenders One News - Q1 2009

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In the first quarter 2009, Lenders One achieved several milestones and on boarded prominent preferred vendor relationships.

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Lenders One News - Q1 2009

  1. 1. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 The Wizard of Oz Campaign Gains Momentum With Lenders One Members Cooperative leverages film’s popularity to benefit independent mortgage bankers ST. LOUIS, March 31, 2009 – The members of Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has launched a national promotional campaign featuring video, still images and audio from the film The Wizard of Oz, through a license agreement with Warner Bros. Consumer Products. Lenders One’s innovative campaign coincides with this year’s 70th anniversary celebration of The Wizard of Oz. Last November Lenders One announced the license agreement, which it obtained for the advertising and marketing purposes of its members. The cooperative is now leveraging a variety of print, broadcast, Web and other materials to build continuous, consistent messaging and extend the reach of each member in its respective community. “The Wizard of Oz is a timeless, familiar film that resonates in the hearts of all ages,” said Scott Stern, Lenders One CEO. “Our members are using these iconic phrases and images to illustrate in their communities the soundness of their lending and the availability of viable mortgage products. The campaign is enabling them to build a new customer base while reconnecting with existing core borrowers.” For the campaign, which is titled The Brains, the Courage and the Heart to Make Your Dreams Come True, Lenders One members can develop customizable flyers, direct mail materials and print ads as well as Web site splash pages and online banner ads. Additionally, they have access to sound bites and video to create 30- or 60-second TV commercials and two 30-second radio spots. Lenders One also has made available templates for designing counter cards, table tents, coffee mugs and even 5-foot lobby displays. Larry Bell, vice president and mortgage loan manager for Bank of Idaho, explained, “The materials are easily tailored to fit our needs, and the support staff at Lenders One has been great to work with in training our employees. This campaign has positioned the quality of our -more-
  2. 2. The Wizard of Oz Campaign Gains Momentum With Lenders One Members – P/2 marketing efforts above the national lenders and has given the spirits of our employees a boost as they feel we are investing in their future.” To ensure that each member can maximize on these opportunities, Lenders One named Ann Eberlin Patton as creative director and Stephanie Huth as brand manager to coordinate all efforts on The Wizard of Oz campaign. Patton’s background in marketing and public relations includes development of business-to-business advertising and direct mail campaigns, as well as graphic design, project administration and vendor management. With 15 years in marketing and advertising, Huth gained much of her experience through reaching out to field partners, franchisees and member companies to extend corporate branding through all distribution levels. Huth explained, “Our members have not been given marketing and advertising tools – they have been given a campaign. Lenders One is guiding the development of 30-, 60- and 90-day marketing plans for each member, essentially serving as a marketing support team. Our goal is to not just provide members the tools to market, but to help these independent mortgage bankers seed their own marketing plan that can evolve into a long-term branding strategy.” Lenders One plans on The Brains, the Courage and the Heart to Make Your Dreams Come True to be a living campaign. The cooperative expects to roll out various community programs, such as movie nights, and other related activities throughout the year based on feedback from members. About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 140 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. About Warner Bros. Consumer Products Warner Bros. Consumer Products, a Warner Bros. Entertainment Company, is one of the leading licensing and retail merchandising organizations in the world. # THE WIZARD OF OZ and all related characters and elements are trademarks of and © Turner Entertainment Co. (s08)
  3. 3. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 Lenders One Adds to List of Preferred Vendors Chase Paymentech, Sam Black Consulting available to cooperative members ST. LOUIS, March 17, 2009 – Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has introduced two new preferred vendor relationships to its members – Chase Paymentech, a provider of payment processing methods; and Sam Black Consulting Services, a firm that helps companies with the successful recruitment, training, management and assessment of their employees. “As technology evolves and the mortgage market changes, our members need more specialized programs to help them change as well,” Luke Pille, Lenders One director of national programs, explained. “It is our responsibility to offer members a variety of resources from which they can benefit. This means aligning them with vendors that provide exemplary customer satisfaction and that allow for the growth and implementation of business strategies that fit them and their market. “Our expanding list of preferred vendors enables members to remain competitive with larger lending institutions by creating access to lower pricing for premier products and services.” Lenders One was experiencing increased demand from members to provide their borrowers with the option of credit card processing for mortgage fees, and as a result partnered with Chase Paymentech. The company’s proprietary platforms provide access to a wide array of payment methods, from credit and debit cards to prepaid cards and electronic check processing. Chase Paymentech will provide cooperative members with 24/7 service and technical support to the systems, which are flexible enough to meet the needs of all Lenders One members. Todd Spear, general manager and vice president at Chase Paymentech, said, “Consumers demand more choice, and by joining with Lenders One we can provide cooperative members the ability to offer a wide variety of secure electronic payment methods to their borrowers. We are honored to be a partner with Lenders One and to provide their cooperative members the service they deserve.” -more-
  4. 4. Lenders One Adds to List of Preferred Vendors – P/2 Sam Black Consulting, which previously has provided sales training and coaching services to the cooperative’s regional managers, is another new Lenders One preferred partner. With more than 36 years experience in sales and customer service – 18 of those spent in consulting – Sam Black, the company’s founder, will be available to assist all members with employee assessment tools, sales skills training for loan officers, process and customer service training for back office and telesales coaching and monitoring as well as on-site assessment of call center facilities. “Although I work with a number of large corporate sales and service teams, I thrive on helping entrepreneurial companies, such as the members of Lenders One, build the same sales and service teams they need to be successful and grow their business,” Black said. Results from her client training projects average a five to 20 percent increase in sales or service performance. Pille concluded, “Partnerships with Chase Paymentech and Sam Black enhance the opportunities for Lenders One members to maximize their growth, day-to-day efficiencies and profitability, which in turn also helps to ensure their long-term viability in today’s competitive mortgage lending environment.” About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 135 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. About Chase Paymentech Solutions LLC Chase Paymentech, a business unit of JPMorgan Chase, is a global leader in payment processing and merchant acquiring, capable of authorizing transactions in over 130 currencies. The company’s proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. Offering secure payment solutions, improving cash-flow management, mitigating risk and accelerating funding – Chase Paymentech’s consultative approach helps today’s small and emerging businesses become tomorrow’s industry leaders. On the Internet or at the point of sale, Chase Paymentech’s unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to companies both large and small. More information can be found at www.chasepaymentech.com. About Sam Black Consulting Services Sam Black, who began her own business in 1991, provides a wide range of services including sales management and sales training, telesales and customer service call center training, and skills assessments to hire and develop these teams. Her clients are local, national and international, and range from the banking and mortgage industries to credit card, insurance and automotive companies. She serves large corporations as part of the training group when demand requires an extra learning design or training delivery resource, and works with smaller companies as an in-house sales manager or trainer to prepare them to fill that position. For more information visit www.samblack.com or call 314.567.3764. #
  5. 5. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 Lenders One, Mortgage Builder Partner for End-to-End Loan Origination Cooperative members gain efficiency, paperless functionality ST. LOUIS, Feb. 25, 2009 – Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has teamed with Mortgage Builder Software Inc., a Southfield, Mich.-based provider of loan origination software for the mortgage industry, to offer end-to-end loan functionality for Lenders One members. The partnership will give cooperative members increased productivity and reduced costs by eliminating manual processes as well as having online accessibility to real-time data. “It is important that Lenders One can provide a comprehensive suite of mortgage products to its members that will satisfy their individual needs and ensure added efficiencies, continued growth and success in their communities,” said Luke Pille, Lenders One director of national programs. “Mortgage Builder best supports our diversity of lenders in offering compatibility with both retail and wholesale production. The company’s ‘everything’s included’ approach offers electronic document management and compliant closing document generation at no extra charge, so Lenders One members can opt to pass the savings onto their borrowers and gain a competitive advantage in their markets.” Mortgage Builder’s system functionality includes prequalification tools, processing, underwriting, closing, interim servicing, document tracking, secondary marketing, document imaging and more. Lenders One members using Mortgage Builder Software have accessibility to more than 60 interfaces to most third party vendors for services such as flood, title, compliance and mortgage insurance. Mortgage Builder also provides multi-level security and audit controls for online viewing and editing of loan documents, as well as efficient, real-time pipeline management. “Mortgage Builder’s total loan origination solution encourages unlimited growth and flexibility for lenders because of its scalable, configurable architecture,” said Keven Smith, Mortgage Builder president and CEO. “Partnering with Lenders One allows its membership to ultimately be more profitable with the improved efficiencies and lowered costs available through our end-to-end technology capabilities.” -more-
  6. 6. Lenders One, Mortgage Builder Partner for End-to-End Loan Origination – P/2 Joe Lindau, director of secondary marketing for Howard Hanna Mortgage, a Lenders One member and eight-year Mortgage Builder customer, explained, “Mortgage Builder not only knows software systems, but they also know the mortgage banking business and understand the needs and concerns of lenders. Their employees want to help their customers – they guided our company through improvements that we had yet to explore.” Pille added, “Mortgage Builder has the flexibility to tailor its system to match the way each of our lenders does business. Lenders One members have the opportunity to build their product offering, increase their ROI and maintain the superior service for which they are known.” Mortgage Builder will be one of the preferred vendors available to provide any further information at the Lenders One Winter Conference in Coronado, Calif., March 2-4. About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 140 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. About Mortgage Builder Software Inc. Headquartered in Southfield, Mich., Mortgage Builder Software Inc. has been providing industry- leading loan origination software (LOS) to mortgage banks, community banks, credit unions and financial institutions for more than 11 years. An innovator since its earliest days, Mortgage Builder was the first LOS to provide its full capabilities in Application Service Provider (ASP) form, as Software as a Service (SaaS) and in the traditional licensed, server-based configuration, providing complete flexibility to suit all clients’ business models. Mortgage Builder is an end-to-end lending solution for both retail and wholesale mortgage production channels, delivering prequalification tools, processing, underwriting, closing, post-closing, final document tracking, secondary marketing, warehousing, delivery, interim servicing and construction loan tracking. Electronic document management and compliant loan documents are included at no additional cost to lenders along with many other features that bring new levels of efficiencies and cost savings to clients. Third party originator Web portals and consumer-facing Web tools are also available, enhancing flexibility. Mortgage Builder maintains the highest customer retention rate in the industry, as well as the highest implementation success rate. The company was named by Mortgage Technology Magazine as one of the industry’s Top 50 Service Providers in both 2007 and 2008, was a finalist for Mortgage Technology’s prestigious 2007 Help Desk Award, and was the winner of the 2008/2009 Help Desk Award, recognizing outstanding customer service and the industry’s best technical support. For more information, visit www.mortgagebuilder.com. #
  7. 7. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 Lenders One Reflects on Year of Unprecedented Change, Record Cooperative Growth Memberships grows, investor relations enhanced ST. LOUIS, Feb. 17, 2009 – Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, announced that it achieved several milestones in 2008, including reaching record levels in membership growth, total loan originations and settlement service orders. “In 2008, the industry experienced some monumental shakeups, including the total elimination of the nonprime and Alt-A origination channels, a permanent change to the government sponsored enterprises, unprecedented repurchase issues, devastating company closings and major margin compressions,” said Scott Stern, CEO of Lenders One. “But in contrast to those events, Lenders One [and its members] were able to capitalize on the opportunities that were available to remain competitive and successful. We are an interconnected family of gifted entrepreneurs who have achieved something truly great by working together.” Lenders One, already the country’s leading alliance of mortgage bankers, added 42 new members to its roster in 2008. The cooperative’s goal was to increase membership by 30 mortgage bankers last year, and that goal was met and exceeded to reach a new annual growth record. In total, Lenders One experienced a more than 40 percent membership growth in 2008. The cooperative also reported a record volume of total loan deliveries to its group of preferred investors. These relationships result in more favorable dividend pricing, priority service and additional benefits for members, providing them access to resources they would not have outside of the cooperative. According to Stern, “Our preferred investors are critical to the success of Lenders One and the positive impact that individual members can have on their communities.” Lenders One’s National Programs Department also managed record volumes for mortgage specific products, such as credit reports, flood letters, appraisals, live pricing systems and -more-
  8. 8. Lenders One Reflects on Year of Unprecedented Change, Record Cooperative Growth – P/2 software for loan origination and fraud detection. This group expanded the cooperative’s preferred vendor relationships to include an online marketing services company, an additional document preparation provider and a rewards point service for borrowers, to name a few. These new partnerships reduce expenses and increase productivity while heightening members’ competitive advantage in their respective markets. Stern concluded, “While 2009 will undoubtedly be a difficult year, we know that we will succeed because of our relationships with the best mortgage bankers in the U.S. and the combined strength of these individuals.” About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 135 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. #
  9. 9. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 Lenders One, StreetLinks Enter New Partnership Members provided accurate appraisals, compliance expertise ST. LOUIS, Feb. 10, 2009 – Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has enlisted StreetLinks National Appraisal Services to provide its members with appraisal services and compliance expertise. As Lenders One’s newest preferred vendor partner, StreetLinks is a national appraisal management company that offers comprehensive valuation solutions to mortgage lenders and other origination firms. “As the mortgage industry and the demand for different loan products have evolved over the last year, so has the appraisal process,” said Luke Pille, director of national programs at Lenders One. “Our members have expressed an interest in keeping up with changing regulatory guidelines, particularly with the Home Valuation Code of Conduct (HVCC) that will now take effect on May 1, 2009. It was our responsibility to find an experienced compliance partner to provide our members with complete assurance throughout the collateral valuation process.” StreetLinks is unlike traditional appraisal management companies (AMCs) in that it hand reviews each appraisal to ensure accuracy and validity. Additionally, Lenders One members will benefit from faster loan approvals and superior loan performance as every appraisal is underwritten to specific lender and investor guidelines as well as meets Uniform Standards of Professional Appraisal Practice (USPAP) requirements. And all appraisals are backed by a 100 percent loss warranty, meaning that if a lender suffers a loss related to a proven defect in a valuation, StreetLinks will cover that loss entirely. “Our diverse leadership is comprised of veteran lending and appraisal professionals, so StreetLinks understands the customer aspect of the appraisal process and has developed its platform around the very needs of mortgage bankers and brokers,” explained Steve Haslam, StreetLinks CEO. “Partnering with Lenders One allows us to supply lenders across the country -more-
  10. 10. Lenders One, StreetLinks Enter New Partnership – P/2 with the most comprehensive, reliable valuation solutions that empower origination personnel to better communicate with customers and help restore confidence in the appraisal process.” Lenders One members will receive confirmation that each appraisal assignment is fulfilled with true appraiser independence and impartiality. In coordination with new HVCC guidelines StreetLinks supports its appraisals with a Certificate of Non-Influence & HVCC Compliance. Members also have access to StreetLinks’ own fraud prevention tool, ValueVault™, which allows lenders and investors to instantly access the original appraisal to verify authenticity and integrity via a secured online repository where a PDF of the original appraisal is permanently archived. Pille continued, “StreetLinks enables our members to have up-to-date, 24/7 live tracking of appraisals, and can provide a trusted subject matter expert to assist them with any valuation- related questions. This partnership extends the cost savings and tangible benefits offered to Lenders One members.” StreetLinks will be one of the preferred vendors available to provide any further information at the Lenders One Winter Conference in Coronado, Calif., March 2-4. About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 130 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. About StreetLinks StreetLinks National Appraisal Services is a real estate appraisal procurement and management company that provides nationwide real estate valuation services to lenders and other mortgage origination firms. The company specializes in providing comprehensive valuation solutions that provide its clients the ability to engage StreetLinks for all real estate appraisal-related procurement, management, accounting, tracking and reporting functions. StreetLinks operates under a “non-influence” methodology which maintains the anonymity of the appraiser from the originating firm, providing StreetLinks clients the assurance of compliance with existing and proposed regulation/legislation surrounding the collateral valuation process as well as promoting enhanced portfolio performance as a result of appraiser independence and impartiality. Additional information is available at www.streetlinks.com or calling 800.778.4788. #
  11. 11. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 Lenders One Member Reaches New Level in Charitable Giving Mortgage Research Center raises more than $100,000 for local United Way ST. LOUIS, Jan. 27, 2009 – No matter what the headlines might say about the mortgage industry, one member of Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, not only grew its business in 2008 but also increased its charitable giving for the year. Columbia, Mo.-based Mortgage Research Center (MRC), a company that specializes in government-backed financing, raised $100,000 for its local United Way. This is in addition to the company’s annual donations to a variety of military causes. “MRC has always been a charitable company, with our primary focus on supporting multiple military organizations,” said Nate Long, MRC’s CEO. “This year, however, we wanted to concentrate on our immediate community and see our money at work; partnering with the Heart of Missouri United Way made perfect sense. Not once has MRC set goals or standards for corporate giving, but when there is a need, we see an opportunity to let our employees respond.” After just a few hours of announcing MRC’s decision to help Heart of Missouri United Way, employees already had pledged approximately $30,000. The total donations for the year exceeded $47,000, of which the company matched to reach $100,000. “The success of this fundraising reflects the character of our employees,” Long continued. “We held no special events or projects – the money came straight from their donations. It is just a great feeling when you have something to give to someone else who is in need.” While VA lending is part of MRC’s business, caring for military families goes beyond just getting them in a home. In addition to the company’s United Way giving, other funds were donated to the Paralyzed Veterans of America, an organization that works to maximize the quality of life of -more-
  12. 12. Lenders One Member Reaches New Level in Charitable Giving – P/2 those with spinal cord injury or dysfunction, and to the National Coalition for Homeless Veterans, a nonprofit devoted to end homelessness for those who have returned from war. MRC giving did not stop there for military related causes. The company also rewards five $1,500 scholarships to college students every semester. Students who serve in the military or are children of those who have served are eligible to apply. The recipients are selected based on their responses to a series of essay questions. MRC had more than 1,200 applicants this past semester. “With so much of the media focusing on the challenges and failures of the mortgage industry, it is refreshing to hear a story that is filled with success and selflessness,” said Scott Stern, CEO of Lenders One. “And this is just one out of many in the industry. MRC is one of our newest members, and Lenders One is eager to assist the company in growing its presence as FHA and VA demand continues to grow.” About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 125 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. About Mortgage Research Center Mortgage Research Center is based in Columbia, Mo., with other branches operating throughout the country. The company specializes in government financing and providing alternative solutions to subprime lending; more than 95 percent of its total volume is either FHA or VA loans. MRC is licensed in all 50 states, and is approved through the Department of Housing and Urban Development as well as the Department of Veteran Affairs for FHA and VA lending. MRC was also a 2007 Inc. 500 Award recipient for being ranked as one the fastest growing privately held companies. Visit www.mortgageresearchcenter.com for more information. #
  13. 13. 300 West Wieuca Road Building One Suite 300 Atlanta GA 30342 678-781-7200 Fax 678-781-7239 www.williammills.com CONTACTS: Charlyne H. McWilliams/Megan Ard Media Contacts for Lenders One 301.933.5567/678.781.7223 Lenders One, DocMagic Partner for Mortgage Loan Fulfillment Cooperative members receive preferred pricing for initial disclosures, closing documents ST. LOUIS, Jan. 5, 2009 – Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has developed a partnership with Document Systems Inc. (DSI) to provide cooperative members with preferred pricing of DocMagic’s fully compliant initial disclosures and closing documents. DocMagic seamlessly integrates with all leading loan origination software systems to provide lenders with error-free mortgage documents and the latest document delivery options. “DocMagic solutions can be implemented with ease and have the flexibility to be used in a variety of business models for lenders of all sizes,” said Scott Stern, CEO of Lenders One. “Our members will improve customer service and their competitive advantage in the marketplace with the quality and innovation of products provided from this relationship.” DSI joins Lenders One’s host of preferred vendor relationships, including other document preparation providers. The cooperative saw great opportunity in partnering with DSI to help members streamline processes with e-disclosures and closing documents reviewed by in-house compliance experts. Stern added, “The ability to print and send closing documents, via e-mail or to another location for pick-up, is a huge cost saving for our members. Additionally lenders can instantly send borrowers fully compliant initial disclosures at point of sale. “ “DSI is very excited to become a part of the Lenders One family of banks and vendors. We take pride in our more than 20-year proven track record of reducing operational costs and maximizing profits,” said Steve Ribultan, sales manager for Document Systems Inc. “Using our services gives lenders the ability to generate fully compliant and accurate documents and disclosures the first time, every time.” -more-
  14. 14. Lenders One, DocMagic Partner for Mortgage Loan Fulfillment – P/2 Stern continued, “Teaming with DocMagic is just one example of why Lenders One members continue to succeed in today’s market. Given the tools to enhance their product and service offerings, our membership can grow their portfolio and distinguish their business with lasting presence in their communities.“ About Lenders One Mortgage Cooperative Lenders One is a national alliance of mortgage bankers which was established in 2000 and is based in St. Louis. With more than 125 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in the U.S. Lenders One leverages its aggregate buying power and preferred-investor relationships to negotiate better lending terms and provide premium business services at reduced costs. Its mortgage productivity system additionally allows members to close more loans, satisfy continuing education requirements and market themselves more powerfully. For more information about membership, contact Tim Stern 866.728.5678 or visit www.lendersone.com. About Document Systems Inc./DocMagic Founded in 1988, Document Systems Inc. is a mortgage technology company that develops software and Web based systems for the production and delivery of compliant loan document packages. It’s flagship product, DocMagic, has turned the company into a phenomenon and the largest document company in the U.S. For more information on DSI, contact Steve Ribultan at steve@docmagic.com or visit the company’s Web site at www.docmagic.com. #

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