Mortgage Technology and Beyond: Now That You Are Rich(er)

Dec 03, 2002

Mortgage Industry Makes Its Mark on Inc 500MortgagePress.comInc 500, Carteret Mortgage, 3t Systems, Texas Residential Mortgage, Advantage Credit International, GHR Systems, Security Mortgage Group, Pioneer Mortgage, Accredited Home Lenders, MoneyLine Lending Services, Franklin American Mortgage, Legacy Financial Group In what was the first of consecutive, record-breaking years for the mortgage industry, 2001 brought a spate of refinancing to large and small brokerage shops alike, and contributed to the success of many independent mortgage companies and affiliated service providers. Compiling data gathered concluding with this monumental year, the Inc 500 featured several of these companies among its list of the fastest-growing businesses, and The Mortgage Press would like to recognize these organizations for their hard work and prominence within the industry: Company Name: Carteret Mortgage Location: Centreville, VA Inc 500 Ranking: 61 Company Name: 3t Systems Location: Greenwood Village, CO Inc 500 Ranking: 84 Company Name: Texas Residential Mortgage Location: Dallas, TX Inc 500 Ranking: 99 Company Name: Advantage Credit International Location: Pensacola, FL Inc 500 Ranking: 234 Company Name: GHR Systems Location: Wayne, PA Inc 500 Ranking: 250 Company Name: Security Mortgage Group Location: Fort Lauderdale, FL Inc 500 Ranking: 251 Company Name: Data Warehouse Corporation Location: Boca Raton, FL Inc 500 Ranking: 302 Company Name: Pioneer Mortgage Location: Novi, MI Inc 500 Ranking: 345 Company Name: Accredited Home Lenders Location: San Diego, CA Inc 500 Ranking: 357 Company Name: MoneyLine Lending Services Location: Lake Forest, CA Inc 500 Ranking: 362 Company Name: Franklin American Mortgage Location: Franklin, TN Inc 500 Ranking: 378 Company Name: Legacy Financial Group Location: Arlington, TX Inc 500 Ranking: 437 Started in 1982, Inc magazine has compiled an annual list of the nations 500 entrepreneurial firms according to sales growth over each companys previous five years. The 2002 list, which reached newsstands on Oct. 15, measures company growth since 1997.

About the author

National Mortgage Professional

Link copied

Published

Dec 03, 2002

Analysis and Data

Mortgage Industry Despairs Over Positive Jobs Report

Leading to 'crushed' expectations of another significant rate cut

The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the unemployment rate ticked down, leading to what can only be called a crushing defeat for mortgage professionals. In response, the average rate for the ...

People On The Move

Pennymac Shakes Up Capital Markets Team

William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."

PennyMac Financial Services, Inc. and PennyMac Mortgage Investment Trust announced Thursday that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief Investment Officer at PM...