PMI becomes Diamond Premier partner with NAHREP

National Mortgage Professional

Sep 19, 2005

SCME launches non-prime divisionMortgagePress.comSCME Mortgage Bankers Inc., CLEARPATH Lending Solutions, non-prime lending SCME Mortgage Bankers Inc. announced the launch of its non-prime lending division, CLEARPATH Lending Solutions, www.clearpathonline.com, specializing in offering non-prime mortgage programs to mortgage brokers on a wholesale basis. SCME has appointed three long-time mortgage professionals to head up CLEARPATH as Joel Finn will serve as vice president of the non-prime division, Bill Smalley as regional sales manager and Rebecca Bouck as operations manager. CLEARPATH will leverage SCME's existing customer relationships to promote its loan programs to mortgage professionals who are looking to qualify the credit-challenged or non-prime borrower. In addition to products, CLEARPATH will roll out new online technologies to further support its customer base. Fast Path, CLEARPATH's product and pricing engine, enables users to search loan programs quickly and prices the loan instantly according to borrower criteria. Brokers can quickly upload borrower loan information from their POS system, re-issue previously-run credit reports from 80-plus credit providers, or manually enter borrower and loan information. With the data provided, brokers can submit and track the status of their loans, from loan submission to actual funding. Located in San Diego, Calif., SCME Mortgage Bankers Inc. originates loans on a wholesale and retail basis and offers a full range of prime, alt-A, niche and government loan products. For more information, call (800) 716-7263 or visit www.scme.com.

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Sep 19, 2005

Analysis and Data

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