MBA Survey Reports Low Mortgage Delinquency Rate

MBA Survey Reports Low Mortgage Delinquency Rate

February 25, 2001

Broker of the Year Honor Bestowed on Neill FendlyMortgagePress.comNAMB, CMC, Neill E. FendlyNeill E. Fendly, CMC, President and CEO of Phoenix, Arizona-based Pathfinder Mortgage, was
named 1999 Broker of the Year by the National Association of Mortgage Brokers (NAMB). Mr.
Fendly was honored during the gala awards ceremony at the NAMB '99 Convention and
Showcase held at the Phoenix Civic Plaza. The honor is presented annually to the Mortgage
Broker who best embodies the ideals and principles of the association. Mr. Fendly was selected
from more than 10,000 NAMB members.
"It's an honor to accept this award-and to be accepting it here in Arizona," remarked Mr. Fendly.
"This award, along with serving on the Board of Directors and assuming the Presidency of
NAMB in 2000, will give the state of Arizona exceptional clout and unprecedented access to the
halls of Congress."
In addition to the Broker of the Year honor, Mr. Fendly has earned his CMC (Certified Mortgage
Consultant) credentials, the highest designation in the mortgage industry. Other past honors
include NAMB's President's Award for Distinguished Service in 1998 and Arizona Mortgage
Broker of the Year in 1994. He has also served on the Arizona Association of Mortgage Brokers
Board of Directors and served as the association's President.
Mr. Fendly has been an active member in the mortgage industry at both the state and national
levels for more than 15 years. He is currently NAMB President-Elect and will take over the
Presidency in June 2000. Mr. Fendly is Chairman of the National Mortgage Reform Act
Committee, and represents NAMB in meetings with HUD regarding RESPA and TILA reform.
He has also served as Arizona Attorney General Enforcement Industry Liaison from 1996 to
1998. In addition, he chairs the National Communication/Public Relations Committee for
NAMB, and is on the Board of Directors for the NAMB Educational Foundation.
"Neill is one of the most dedicated and competent individuals I've had the pleasure of working
with," stated NAMB Immediate Past President J.C. "Tuck" Marshall. "His willingness to serve
our industry and customers is beyond what any association President could ever expect."
Pathfinder Mortgage has four Arizona offices and 46 employees. It offers FHA, VA, conforming,
jumbo, sub-prime, construction, Title 1, home equity lines of credit and reverse mortgages. After
beginning at Pathfinder Mortgage as a Production Manager, Mr. Fendly rose through the ranks to
Senior Vice President, CEO, and eventually to his current position as President/CEO of the
company, which originated $160 million in loans last year.